The current SALT deduction cap stands at $10,000, a limit set by the Tax Cuts and Jobs Act (TCJA) of 2017. This cap restricts taxpayers who itemize deductions from deducting more than $10,000 in state ...
The Republican tax plan in the U.S. House would raise the cap for the state and local property tax deduction from the current $10,000 to $30,000 for families making up to $400,000. That’s according to ...
On July 4, 2025, President Donald Trump signed the reconciliation bill, known as the “Big Beautiful Bill” (“BBB”), which covered many of his campaign promises. This reconciliation, centering upon ...
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Congress's New Proposals Limit SALT Tax Benefits
The U.S. Congress is currently engaged in a contentious debate over proposed fiscal legislation that seeks to limit exemptions to the state and local tax (SALT) deduction cap. This cap, set at $10,000 ...
New York State Department of Environmental Conservation Commissioner Amanda Lefton has joined state and local officials to encourage New Yorkers to reduce the overuse of rock salt when possible ...
When campaigning for reelection last year, Rep. Young Kim told voters she was working to fully repeal the cap on SALT. Kim wasn’t referring to the top of a shaker for a condiment used to flavor food.
SALE RIGHT NOW. SALT COVERED SIDEWALKS AND STREETS DURING THE WINTER HERE IN SOUTHEASTERN WISCONSIN. BUT TOO MUCH SALT IS TOXIC FOR OUR WATERWAYS, METEOROLOGIST MOLLY BERNARD LOOKS INTO HOW USING LESS ...
It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned for years to repeal completely the $10,000 limit on the deduction for federal income taxes. The SALT ...
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