News

Republicans close in on deal for $40K SALT cap
Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs ...
Here are the changes to the SALT tax deduction in the 'big, beautiful bill'
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
Speaker Johnson reaches tentative deal with blue state Republicans to boost cap on SALT deduction
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...
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 ...
Bloomberg L.P.14d
Republicans Have a SALT Tax Deal. Who Will Benefit?
This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban ...
syracuse.com14d
Republicans reach deal on SALT deduction cap: See how much it will rise
Republicans in the House of Representatives have reached a deal to raise the cap on ... The current cap on the state and local tax deduction, known as SALT, is $10,000. It was imposed as part ...
Opinion
The GOP’s SALT Deal Folly
Republicans make it easier for Democrats to raise state taxes.
What’s the deal with SALT? The tax break at the center of a high-stakes GOP battle that’s delaying major legislation
Some Republicans and Democrats are fighting over how much state and local tax (SALT) people can deduct. It has now put a ...