The measure is often referred to as the SALT income tax deduction. (SALT stands for “state and local taxes.”) It allows ...

That provision limits the official price tag for the GOP tax law over the next 10 years, but lawmakers in both parties are certain to push for an extension of the higher cap, just as they pushed to ...

Gov. Kathy Hochul is bizarrely slamming Rep. Mike Lawler for being unable to stand up to his own party, when that shoe fits a ...

A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...

On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which covered many of his ...

For 2025, single filers can claim a standard deduction of $15,750, while married couples filing jointly can claim a standard ...

Rep. Mike Lawler came to Yorktown Friday, August 1, to take a victory lap on his advocacy for a raise in the cap on the ...

In parallel, the tax reform addresses the controversial SALT deduction, proposing a temporary increase in the deduction limit from $10,000 to $40,000 for households earning $500,000 annually.

Lawler and other Republicans hope voters care more about the money in their pocket than cuts to health care systems.

The 2017 tax cuts that lowered the SALT deduction to $10,000 also doubled the standard deduction. Around 10% of taxpayers itemize now, and they are usually relatively wealthy.

Since 2017, the SALT deduction cap has been a key issue for certain lawmakers in high-tax states like New York, New Jersey and California. These House members have leverage during negotiations ...

But the GOP leaders who implemented the cap in 2017 saw it not only as a revenue raiser, but also as a way to discourage state governments from taxing the rich — while keeping the largest tax ...