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As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...
Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if they change their proposal for the state ...
The Republican lawmaker said a budget bill with a SALT deduction cap as low as $30,000 would not get her support.
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
A proposal to increase the cap from $10,000 to ... Most of the tax relief from lifting the SALT cap, for instance, would go to households earning between $200,000 and $500,000, said a February ...
Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...