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The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...
The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
House Republicans are sending a clear and early warning to their Senate allies as the bill encompassing President Trump’s domestic priorities heads to the upper chamber: Don’t water it down. House ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
A plan to increase state and local tax deductions was immediately rejected by a small but determined GOP “SALT caucus,” imperiling a tax bill that remains a high priority for the White House.
I’m pressing the red ‘no’ button,” Republican New York Rep. Nick LaLota said. “It is a hill I am willing to stake my entire congressional career on.” But if SALT deductions are increased, it would ...