As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

The Republican lawmaker said a budget bill with a SALT deduction cap as low as $30,000 would not get her support.

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

A proposal to increase the cap from $10,000 to ... Most of the tax relief from lifting the SALT cap, for instance, would go to households earning between $200,000 and $500,000, said a February ...

The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...

The House just made a move that could shake up tax season for a lot of Americans-especially those in high-tax states. Lawmakers voted to raise the cap on the SALT deduction (short ...