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Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a change that top earners will likely benefit the most from. Republicans in the ...
20h
Due on MSNTrump reverses position on SALT deduction capPresident Trump shifted his stance on the state and local tax (SALT) deduction cap, a policy he implemented during his first ...
16h
MiBolsilloColombia on MSNIncrease in SALT cap eases taxpayers' path to other deductionsThe 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...
President Donald Trump’s One Big Beautiful Bill Act, which narrowly passed through the House of Representatives early Thursday morning in a 215-214 vote, includes an increase to the SALT — State and ...
The largest police union in the country has issued an endorsement of key provisions of the President Donald Trump-backed "big, beautiful" budget bill.
As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
The House-passed One Big Beautiful Bill Act (OBBBA) would add roughly $3 trillion to the debt including interest throug ...
On May 22, 2025, the U.S. House of Representatives approved H.R. 1, also known as the “One Big Beautiful Bill Act” (the House Bill). The House ...
Michael Dowling, CEO of Northwell Health, stands with Reps. Tom Suozzi (D-Glen Cove) and Laura Gillen (D-Rockville Centre) as ...
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