News

The SALT Deduction Isn’t Big Enough. We Need A SALT Credit
Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...
Long Island GOP House members inch toward new deal on SALT in talks with Senate
WASHINGTON — A tentative proposal negotiated between blue-state Republicans, the White House, and Senate leaders over the ...
White House breaks SALT logjam — but still no deal with the Senate
Sen. Markwayne Mullin (R-OK), a key SALT intermediary, left the White House Thursday night without committing to a deal.
Mike Johnson, Scott Bessent say SALT deal is ‘very, very close’
Speaker Mike Johnson (R-La.) and Treasury Secretary Scott Bessent said negotiations over the state and local tax (SALT) ...
GOP Reaches Tentative SALT Deal at $40,000 Cap, Five-Year Limit
Republicans have reached a tentative deal to raise the limit on the state and local tax deduction to $40,000 a year for a five-year period, according to a person familiar with the matter.
Senate GOP to Offer $40,000 SALT Cap With Lower Income Threshold
Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in ...