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Donald Trump, SALT and Senate

Senate seeks to rein in SALT deduction. Here’s why it could sink Trump’s tax bill.

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker with the legislation’s architecture. Some are now warning that changes in that chamber could cause the edifice to collapse.

The Washington Post on MSN · 1d

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

President Donald Trump on Wednesday suggested to Senate Republicans that he is open to a lower limit on tax deductions for state and local taxes than what is included in the House-passed version of his sweeping 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.

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.

Independent Journal Review6h

‘Will Not Accept It’: House Conservatives Draw Line In The Sand As Senate Reviews ‘Beautiful’ Bill

The conservative House Freedom Caucus (HFC) is drawing a line in the sand against hypothetical Senate changes to weaken or ...

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 ...

Deficit Politics Returns in Debate Over Trump Tax Cuts

The legislation that Republicans are trying to push through Congress could swell the very fiscal imbalance that party leaders ...

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