News

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...
The recent expansion of the SALT deduction highlights how fiscal policies can cater to specific interests, creating uneven ...
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 ...
If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...
President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...
In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...
The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...