House Republicans who secured a bigger cap on state and local tax deductions are pushing back on Senate Republicans, who are keeping the SALT cap at $10,000 in their forthcoming legislation as a ...

House Republicans are planning to triple the state and local tax (SALT) deduction cap to $30,000 in their plan to pass President Trump’s “big, beautiful” agenda bill, despite New York Republican ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of Representatives (“House”) aimed at, among other things, dealing with the expiring ...

The U.S. House of Representatives narrowly passed a GOP-backed federal tax bill on Thursday, May 22, that increased the cap on the deduction on state and local taxes to $40,000, extended tax cuts ...

Editor's note: Have you seen your rent increase over the years at the same home? We want to hear from you through the form at the end of this story. Recommended Videos A $12 billion proposal aimed at ...

The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for single and joint filers who make $400,000 or less a year, even after key ...

The Republican tax plan in the U.S. House would raise the cap for the state and local property tax deduction from the current $10,000 to $30,000 for families making up to $400,000. That’s according to ...

It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned for years to repeal completely the $10,000 limit on the deduction for federal income taxes. The SALT ...