Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may impact you.

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s tax package.Enacted via the Tax Cuts and Jobs Act,

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of Representatives (“House”)

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal taxable income.

House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a self-imposed deadline to approve the legislation by Thursday.

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The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit on the deduction for state and local taxes and other changes in a bid to win over warring GOP factions to support the legislation.

Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.