Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local tax payments.
These five Republicans are ready to derail Trump's tax cuts over the SALT cap
President-elect Donald Trump’s signature tax cut bill could hinge on a House Republican fight over state and local tax deductions.
Trump seems open to increasing SALT cap, local GOP House member says after meeting
Rep. Young Kim and other House Republicans signal they won’t support a tax bill without a ‘SALT fix.’ That’s significant given the slim majority the GOP has in Congress.
NY, NJ Republicans pushing for SALT deduction cap as high as $100K
New Jersey Rep. Jeff Van Drew said “inflation” has so “ravaged” taxpayers since then that the SALT cap would have to “at least double.”
What Is SALT? Trump and Republicans Meet to Discuss Proposed Tax Change
Republicans opposing the state and local tax (SALT) cap will try to make their voices heard as Trump seeks a reconciliation bill.
Blue states will have green light to raise taxes if SALT cap is lifted, charges former GOP tax-writing chair
The architect of Donald Trump’s 2017 tax law pushed back Wednesday on calls to lift the cap on state and local tax deductions, arguing that doing so would only lead to local Democrats in blue states raising taxes,
Trump discusses SALT tax deduction with House Republicans
Over a dozen members from New Jersey, New York and California met with Trump and his staff to discuss the tax, congestion pricing and other issues.
Trump Discusses Tax Cuts for New Yorkers With G.O.P. Lawmakers
The president-elect told Republicans from New York, New Jersey and California to come up with a plan for increasing the state and local tax deduction — a move that would benefit their constituents.
Rep. Frank Pallone: Trump is backtracking again on SALT Tax cap
Rep. Frank Pallone joins 'Power Lunch' to discuss the SALT deduction Cap. Carrie Underwood To Perform At Trump Inauguration We Tried the Muffin-Tin Method for Poaching Eggs—Here’s What You Should Know 'You hate Chinese,
What raising the SALT cap limit would do for taxpayers
Lawmakers from blue states are calling on President-elect Donald Trump to raise state and local tax (SALT) cap limit.
The $10,000 SALT Cap Is Likely Dead. What Will the New Cap Be?
Blue-state Republicans have the numbers to shape policy in the House, and they are hunting for a tax deal ...
What is the SALT cap? What could happen in 2025 and what it means for you
Renewed questions surrounding the future of the SALT cap surfaced over the weekend as a meeting with President-elect Donald ...
Senate GOP rejects House conservative pitch on corporate tax rates
House conservative proposals to raise corporate taxes to offset the cost of President-elect Trump’s tax package are going ...
SALT in Tax Reform’s Wounds
Raising the $10,000 cap on the state and local deduction is bad tax policy and could be bad politics too.
Democrats torch GOP lawmakers, Trump for lack of progress on SALT deduction
House Minority Leader Hakeem Jeffries said blue state Republicans are failing to restore the popular state and local tax deduction or dramatically raise the cap they imposed in the 2017 Trump tax ...
Freedom Caucus floats corporate tax boost in exchange for easing state, local deduction cap
Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a ...