US Edition
5 Things to Know About SALT, the Tax Break Holding up Trump’s ‘Big, Beautiful Bill’
- On May 22, 2025, the House passed a tax bill known as Trump's 'big, beautiful' bill, which includes changes to the SALT deduction cap.
- The bill increases the SALT deduction limit from $10,000 to $40,000 for taxpayers earning as much as half a million dollars, following years of bipartisan efforts from representatives in states with high taxes.
- A coalition of blue-state Republicans, including Andrew Garbarino and Nick LaLota, withheld support unless the SALT cap increase exceeded $30,000, complicating negotiations.
- Experts from the Tax Foundation warned the SALT increase mainly benefits top taxpayers and could make the tax code more regressive, while Rep. Josh Gottheimer called it a relief for middle-class families.
- The bill now heads to the Senate amid uncertainty, as some fiscally cautious lawmakers resist raising the SALT deduction limit and call for more substantial spending reductions to achieve balance.
39 Articles
39 Articles
SALT Cap Workarounds for Some Pass-Through Entities Are Threatened by One, Big, Beautiful Bill
For owners of pass-through businesses, the reconciliation package (1) raises the state and local tax (SALT) deduction cap, (2) denies the benefit of pass-through entity-level taxes that had previously worked around the SALT cap for such pass-through businesses, and (3) increases the Section 199A deduction for qualifying pass-through entities.
What is SALT and why does it threaten Trump’s ‘Big Beautiful Bill?’
The future of President Donald Trump’s “One Big Beautiful Bill” that would fund his second-term agenda could depend on SALT. The State and Local Tax deduction has been a wedge between Democrats and Republicans but now a division between GOP House members from high-tax districts and fiscal hardliners who look at it as subsidizing blue states. Adding more confusion over the debate is the president himself, who has flipped since his first term in o…
MyCentralOregon.com
What is SALT and why does it threaten Trump's 'Big Beautiful Bill?'
Andrew Harnik/Getty Images (WASHINGTON) — The future of President Donald Trump’s “One Big Beautiful Bill” that would fund his second-term agenda could depend on SALT. The State and Local Tax deduction has been a wedge between Democrats and Republicans but now a division between GOP House members from high-tax districts and fiscal hardliners who look at it as subsidizing blue states. Adding more confusion over the debate is the president himself,…
Coverage Details
Bias Distribution
- 44% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
