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 ...

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if the Senate changes their proposal for the state ...

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump's tax package. Enacted via the Tax Cuts and ...

Add Yahoo as a preferred source to see more of our stories on Google. Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the state and ...

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 ...

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 ...

George Caldwell is a correspondent for The Daily Signal. Send an email to George. Ahead of the Senate Finance Committee’s release of its reworking of the House’s “big, beautiful” budget reconciliation ...

Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's currently a $10,000 limit on the SALT deduction, and raising that cap has been a priority for certain House lawmakers in high-tax ...

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s tax package. Enacted via the Tax Cuts and ...