SALT Cap Changes - Search News

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SALT, tax bill and United States Capitol

Orange County Register · 15m

The fight over a SALT tax cap deal that would help Californians hits a snag

The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

Bloomberg on MSN · 17h

Johnson Says He’s Fighting to Keep $40,000 SALT Cap in Trump Bill

House Speaker Mike Johnson said he is fighting to maintain the new $40,000 cap on state and local deductions in the draft tax bill now before the Senate, where Republicans are seeking to enact a less generous break.

Opinion

The Hill on MSN · 13d

The SALT cap isn’t the problem — high-tax states are

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own tax-and-spend habits.

SALT, Senate and House

Washington Examiner on MSN · 21h

Senate weighs unraveling House’s ‘big, beautiful’ deal on the SALT deduction

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

Bloomberg on MSN · 1d

House SALT Deal Will Have to Change, Senate Leader Says

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and local taxes to $40,000 will have to be changed in his chamber, according to his office.

Yahoo · 1d

House Republicans warn Senate not to touch SALT deal

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the state and local tax (SALT) deduction cap.

12hon MSN

Blue state Republicans threaten rebellion if Senate changes key provision in Trump's 'big, beautiful bill'

SALT Republicans are ready to go to war with the Senate on the increased tax relief for high cost of living areas in ...

7don MSN

Here are the changes to the SALT tax deduction in the 'big, beautiful bill'

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

1dOpinion

Senators must hold down the SALT cap

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

Opinion

The Heritage Foundation13hOpinion

SALT Subsidies Are Crowding Out Positive Tax Reforms in the One Big Beautiful Bill Act

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

New Jersey Globe7h

SALT, Musk, budget estimates complicate GOP megabill as Senate begins deliberations

The GOP’s One Big Beautiful Bill – which makes sweeping changes to federal policies on taxes, health care, and much more – ...

MiBolsilloColombia on MSN1d

Trump's new tax law could eliminate SALT workaround and affect business expenses

The ‘One Big Beautiful Bill Act’ proposes changes to the SALT deduction and could end key business workarounds, sparking ...

3don MSN

‘Donors’ vs ‘takers’: SALT battle stirs debate between blue and red states

President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a ...

Explícame on MSN6d

What is the 'SALT Caucus' and why did it claim victory with the SALT deduction increase?

In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...

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