News

The SALT deduction: Republicans’ tax break for wealthy blue-staters
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 ...
How California’s wealthiest people benefit most from the Republicans’ tax cut
California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...
New York politicians trade barbs over SALT deduction in Trump's budget bill
New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...
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 ...
FingerLakes1.com20h
Congress raises SALT deduction cap to $40K for high-tax states
Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.
USA Today4d
The White House's tax bill will consider SALT (again). What could 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.
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 ...