SALT, Trump and Tax cut

SALT Talks Gain Steam With Trump’s Blessing on Tax Break
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President Donald Trump and congressional leaders to include the measure in a must-pass tax bill this year.
Trump discusses SALT tax deduction with House Republicans
Over a dozen members from New Jersey, New York and California met with Trump and his staff to discuss the tax, congestion pricing and other issues.
Trump now backs repeal of cap on ‘SALT’ deductions, says New York Republican. Taxpayers in these states could benefit.
A New York Republican says that President Trump supports reverting to an unlimited deduction for state and local taxes, though the president also recognizes that a SALT cap may be necessary to keep budget deficits under control.
SALT Talks Gain Steam as Trump Blesses Expanding Tax Break
House Republicans are in talks over raising the cap for state and local tax deductions after winning pledges from President Donald Trump and congressional leaders to include the measure in a must-pass tax bill this year.
Opinion
Hochul’s taxes are hammering New Yorkers — yet she’s AGAINST Trump’s SALT relief
President Trump supports my proposal to raise the federal cap on the deduction for state and local taxes — but wants Kathy Hochul to lower New York’s out-of-control state spending.
Trump to meet with Republican key to tax negotiations
New York, New Jersey and California Republicans made a pilgrimage to Mar-a-Lago recently to reiterate their demands to lift the so-called SALT cap, which limits the deduction to $10,000, in negotiations over a large tax bill.
The $10,000 SALT Cap Is Likely Dead. What Will the New Cap Be?
WASHINGTON—The $10,000 cap on state and local tax deductions likely won’t survive after this year, because the lawmakers who ...
Do you itemize? Trump's Congress could raise the cap on the SALT tax deduction in 2025
Wealthy taxpayers could get a break if Congress and Trump agree to raise the limit on federal deductions based on your local ...
Financial Advisor1d
Schumer, Gillibrand Introduce Bill To Restore Full SALT Tax Deduction
Senators Kirsten Gillibrand and Charles Schumer introduced legislation today to permanently remove the cap on the state and local tax (SALT) deduction.
Trump’s back in office — here’s what to expect for your taxes in 2025 and beyond
During his first stint in office, Trump massively overhauled the tax code by passing the Tax Cuts and Jobs Act (TCJA) of 2017 ...
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J.D. FOSTER: It’s Time To Stop Doling Out Taxpayer Cash To High-Tax States
The tax provision generating the most puns involves the capped deduction for state and local taxes, or SALT. This is ...
Will Republicans Unify To Renew Trump’s Tax Cuts, Which Are Crucial to America’s Economic Strength?
While the GOP controls the White House, House, and Senate, the path ahead is fraught with political and fiscal obstacles.
SALT in Tax Reform’s Wounds
Raising the $10,000 cap on the state and local deduction is bad tax policy and could be bad politics too.
GOP moderates see Trump as strong ally on their tax deduction push
That's one of the big takeaways from POLITICO Playbook’s First 100 Days: Tax Reform event, where a trio of lawmakers who ...