SALT, Trump

Republicans look to inflation-proof tax breaks
After four years of towering inflation, some Republican lawmakers are seeking to index major tax breaks to inflation as they ...
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.
Congress Should Extend the Trump Tax Cuts. The Path Won't Be Easy.
The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and ...
IJR2d
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 ...
House Budget Republicans eye more than 200 spending cuts, tax changes for major bill
Republicans on the House Budget Committee are considering more than 200 potential budget cuts, tax breaks, tariffs and ...
Republicans, Slow Down on Tax Cuts Before They Trip You Up
Congress is finding votes before deciding what should be in a tax bill. That could backfire, Tax Foundation CEO Daniel Bunn ...
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 ...