Raising the SALT cap to $40,000 would mostly help high earners, fueling debates over tax fairness and state-federal revenue ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

The push to restore the SALT deduction could force low-tax states like Florida to subsidize high-tax states, benefiting wealthy taxpayers at the middle class's expense.

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

SALT today is portrayed as a subsidy to high-tax states and as regressive in that it disproportionately benefits higher-income households, Thorndike noted. In 2020, the SALT deduction was claimed ...