House Republicans, GOP and SALT
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The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here's who would benefit the most, experts say.
The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for single and joint filers who make $400,000 or less a year, even after key
Republican efforts to strike a deal on the contentious SALT deduction stalled, as GOP lawmakers debated expanding the state and local tax deduction only for households earning under $400K, according to a media report dated Thursday.
House Republicans on three key committees are working to advance their respective portions of President Donald Trump's reconciliation bill.
Rep. Mike Lawler (R-N.Y.), a key voice in the debate over the state and local tax (SALT) deduction cap, is slamming what he says is a lack of negotiations on the contentious issue. Rep. Mike
GOP lawmakers mostly representing New York, New Jersey, and California put Trump's multi-trillion-dollar tax agenda at risk.
Nicole Malliotakis (R-N.Y.) said increasing the SALT deduction cap to ... near unanimity in the House GOP conference amid their razor-thin majority. The debate over SALT relief has been ongoing ...