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Trump, tax bill

Trump's 'big beautiful bill' could deliver 45.5% 'SALT torpedo' for high earners, tax pro says

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT. But the phaseout, or income-based benefit reduction, could trigger a tax surprise for some higher earners, experts say.

USA TODAY · 2d

Trump tax bill explained: Does 'Big Beautiful' mean costly and calamitous energy prices?

President Donald Trump's massive federal spending and tax bill stands to have far-reaching impacts on Arizona's energy and economic landscape.

Newsweek on MSN · 8d

How Trump's One Big Beautiful Bill Will Affect US Housing Market

The bill is likely to benefit high-end buyers and real estate professionals while lower-income Americans continue to struggle.

19hon MSN

The new $40,000 cap on SALT deductions in Trump’s big bill aids homeowners most in these cities

The One Big Beautiful Bill Act is temporarily quadrupling the state and local tax deduction to at least $40,000, up from ...

13h

How the ‘Senior Deduction’ in the Big, Beautiful Bill Could Help Retirees Keep Their Homes

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

24d

What New 'Big Beautiful Bill' Proposals Mean for Medicaid, SALT

Proposed changes have reportedly angered some House Representatives, and differing views on the legislation could make passing Trump's bill difficult.

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