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There’s currently a $10,000 limit on the federal deduction on state and local taxes, known as SALT. As part of President Donald Trump's tax package, House Republicans on Thursday passed a SALT ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and local tax (SALT) deduction cap could be the tallest to surmount.
The future of President Donald Trump's "One Big Beautiful Bill" that would fund his second-term agenda could depend on SALT. The State and Local Tax deduction has been a wedge between Democrats ...
House Republicans in favor of increasing the deduction cap on state and local taxes (SALT) said they “still have some work to do” after the group huddled with Speaker Mike Johnson (R-La.) for ...
Yes, the SALT deduction cap is a provision that's due to expire in 2025, as are many other parts of the Tax Cuts and Jobs Act, such as a reduction of the individual tax brackets.
Salt Lake City adopted three new flags on top of its primary flag to bypass HB77. The flags incorporate the sego lily logo with Juneteenth, Pride and transgender flags.
House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and local tax deductions, or SALT, to $40,000.
Salt-N-Pepa sues Universal Music Group after the record label allegedly pulled their music in retaliation. The all-female group launched into stardom with their iconic tracks including ‘Push It ...
Republicans who oppose the state and local tax (SALT) cap will meet on Saturday at Mar-a-Lago with President-elect Donald Trump who promised to "get SALT back" during the 2024 presidential ...
The loss of the Great Salt Lake would be an environmental disaster with health and economic effects far beyond Utah’s borders. The state is taking action, but critics say it’s not doing enough.
The study focuses on the synthesis of mesoporous biochar (MC) derived from biomass, using a dual-salt template method involving ZnCl2 and KCl.
If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out over $500,000.