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News

SALT, a deduction and Republicans

Digest more
SALT deduction cap increased to $40,000 in new deal reached by Republicans. What to know
Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction. Find out more.

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Journal Star on MSN · 2d
 · 1d · on MSN
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
 · 2d
Republicans weigh a $40K cap on SALT deduction, which would help NJ homeowners
3don MSN
Johnson, SALT Republicans zero in on critical agreement
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
USA Today12d
House SALT proposal would raise cap on deduction to $30K, but some Republicans balk
The SALT deduction lets people reduce the amount ... but not repealing, the cap. The GOP proposal would cut taxes and extend President Donald Trump’s 2017 tax cuts due to expire this year.

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