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A key provision included in the law will raise the cap on the State and Local Tax (SALT) deduction to $40,000.
President Donald Trump’s “big beautiful bill” raises the SALT deduction cap to $40,000. Here’s who will benefit.
In the classic Schoolhouse Rock song “I’m Just a Bill,” the bill laments the prospect of waiting with other bills, hoping to ...
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
President Trump's 'One Big Beautiful Bill' proposes a temporary increase in the SALT deduction limit, benefiting high-income households in high-tax states. While this change offers short-term relief, ...
The proposed ‘One Big Beautiful Bill Act’ would raise the SALT deduction cap to $40,000, benefiting wealthier taxpayers in ...
Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...
GOP bill will touch the lives of most Central New Yorkers, affecting taxes, child care and energy costs, social safety net ...
New York Rep. Mike Lawler told Fox News Digital that he is pleased with the Senate's latest compromise on state and local tax ...
The product of years of Republican effort, the American tax code now blends traditional supply-side economics with President ...