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 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.
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.
What Is SALT? Trump and Republicans Meet to Discuss Proposed Tax Change
Republicans opposing the state and local tax (SALT) cap will try to make their voices heard as Trump seeks a reconciliation bill.
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.
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.
What is the SALT cap? What could happen in 2025 and what it means for you
Renewed questions surrounding the future of the SALT cap surfaced over the weekend as a meeting with President-elect Donald ...
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 ...
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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 ...
The $10,000 SALT Cap Is Likely Dead. What Will the New Cap Be?
Blue-state Republicans have the numbers to shape policy in the House, and they are hunting for a tax deal.
NY, NJ Republicans pushing for SALT deduction cap as high as $100K
New Jersey Rep. Jeff Van Drew said “inflation” has so “ravaged” taxpayers since then that the SALT cap would have to “at ...
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 ...
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.