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Donald Trump, SALT and GOP

Trump indicates openness to scaling back SALT relief in GOP tax bill

His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the House-passed legislation.

USA TODAY on MSN · 2d

Senate Republicans plan to amend SALT tax deduction in Trump's sweeping bill

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state Republicans.

Bloomberg on MSN · 1d

Trump Said to Be Open to Lowering SALT Cap in GOP Tax Bill

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in the House-passed version of his giant tax bill, a person familiar with the matter said.

The fight over a SALT tax cap deal that would help Californians hits a snag

The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

NBC Los Angeles3d

Trump's tax bill could end popular ‘SALT' deduction workaround for certain business owners

The bill would also boost a tax break for pass-through businesses, known as the qualified business income, or QBI, deduction, to 23%. But the measure would end a popular state-level SALT cap ...

KSL2d

Utah's solar industry pushes Senate to reinstate energy tax credits in budget bill

Utah's solar industry is urging the Senate to reinstate energy tax credits that were cut in the House version of Trump's ...

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