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SALT deduction changes explained: Who really benefits from the $40,000 cap?
A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
NY Republicans eke out SALT deal in federal spending bill
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
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Mike Lawler backs House bill that quadruples state and local tax deductions to $40,000
Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.
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House passes bill to raise SALT cap
The House of Representatives passed a new tax bill proposing an increase in the federal deduction cap on state and local ...
As U.S. House passes ‘big beautiful bill,’ CT delegation joins opposition
The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...
What Republicans’ new tax bill would mean for state and local tax deductions
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.