Finance ❯Taxation ❯Deductions

State and Local Taxes

Deductions Legislation Republican Party Political Parties Tax Policy Impact on Income Inter-party Relations Bipartisanship Income Inequality Taxation Impact

Senate Finance Panel Reverts SALT Cap to $10K, Prompting House GOP Revolt

House Republicans from high-tax states vow to sink the One Big Beautiful Bill over a lowered deduction cap.

Senate Republicans Plan to Lower SALT Deduction Cap, Prompting House Revolt

Senate Faces GOP Divisions Over $40,000 SALT Deduction Cap Proposal