News

Next test for higher SALT cap: Republican resistance in the Senate
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
What is SALT and why does it threaten Trump's 'Big Beautiful Bill?'
The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.
NY Republicans eke out SALT deal in federal spending bill
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
Trump’s Signature Policy Agenda Passes House After Last-Minute Revisions Including SALT Cap Increase
The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.
GOP House passes Trump’s sprawling budget bill, hikes SALT cap to $40K
The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...
The White House's tax bill will consider SALT (again). What could that mean for you?
The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?
House Republicans unveil sweeping tax plan but have yet to resolve key fight over SALT
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
Top Connecticut Dem admits GOP SALT increase would ‘be good’ for his state
Rep. Jim Himes (D-Conn.), the top Democrat on the House Intelligence Committee, voted against the proposed One Big Beautiful Bill Act alongside the rest of his party last week — but is ...