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The White House's tax bill will consider SALT (again). What's that mean for you?
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act, and is shaping up to be so again in 2025.
The winners and losers of Republican tax bill so far
Here is a look at who benefited and who lost out, or at least didn’t achieve big wins, from the Republican reconciliation ...
Congress Pulls Tax Cut All-Nighter With SALT Fight Unresolved
House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...
Republicans are debating SALT tax breaks that are bad policy, good voter bribes | Opinion
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
SALT Caucus and GOP leadership reach tentative deal in win for tax bill
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
House moderates accept sledgehammer approach to green energy tax credits despite calls for scalpel
Despite insisting for months they wanted green energy tax credits to be handled with a scalpel in their sweeping reconciliation measure, moderate Republicans ultimately accepted a sledgehammer ...
Trump Loses Patience With SALT Demand as Tax Bill Faces Snag
House Republicans were still unable to reach a deal on Tuesday over the divisive state and local tax deduction as President ...
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Senate Unanimously Approves Bill To Eliminate Tax On Tips
The legislation, which was part of President Donald Trump's campaign promises, will now head to the House of Representatives for a vote.