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Senate, SALT deduction

Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.

USA TODAY on MSN · 3h

Senate reverses course and makes SALT plentiful again in tax bill. Why this matters.

The Senate walked through the looking glass over the weekend. When the Senate released its revisions to the state and local tax provision of the so-called "One Big Beautiful Bill," it made a 180-degree turn on the contentious SALT cap.

Newsweek on MSN · 1d

Major SALT Deduction Cap Boost Passes Senate. Here's Who Would Benefit

This move marks a reversal in policy on SALT deductions, one of the most contentious features of the 2017 Tax Cuts and Jobs Act.

13don MSN

Impasse over SALT cap deepens as House moderates stand firm

The impasse over the state and local tax (SALT) deduction cap is deepening as Senate Republicans and House moderates from ...

Columbus Dispatch2d

Senate flips, decides to give rich Americans more SALT in tax bill - The Columbus Dispatch

The Senate’s new SALT switcheroo, plus changes in the alternative minimum tax (AMT), would cost $325 billion on net, according to the Committee for a Responsible Federal Budget (CRFB).

Yahoo Finance2d

Senate reverses course and makes SALT plentiful again in tax bill. Why this matters. - Yahoo Finance

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

7don MSN

Key SALT Republican rejects latest offer from Senate GOP, White House

A key moderate House Republican says he is rejecting the latest offer from Senate Republicans and the White House on the ...

Detroit Free Press2d

Senate flips, decides to give rich Americans more SALT in tax bill - Detroit Free Press

The Senate’s new SALT switcheroo, plus changes in the alternative minimum tax (AMT), would cost $325 billion on net, according to the Committee for a Responsible Federal Budget (CRFB).

Tennessean2d

Senate flips, decides to give rich Americans more SALT in tax bill - The Tennessean

The Senate’s new SALT switcheroo, plus changes in the alternative minimum tax (AMT), would cost $325 billion on net, according to the Committee for a Responsible Federal Budget (CRFB).

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