News

The fight over a SALT tax cap deal that would help Californians hits a snag
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
What is the SALT deduction, and what's happening with this tax break?
The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...
Next test for higher SALT cap: Republican resistance in the Senate
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
Lawmakers Close In on Higher SALT Cap
Republican leaders approach a long-sought agreement with lawmakers from high-tax states.
Just The News17h
Rep. Brandon Gill would like to see Senate adjust SALT cap in ‘big, beautiful bill’
Representative Brandon Gill (R-TX) says he’d like to see the Senate lower the cap set on state and local tax (SALT) deductions by the House in the reconciliation package. “I think there are some ...