The SALT income tax deduction cap was increased to $40,000 in Trump’s bill. Should you Finance July 30, 2025 For the last seven years, the tax code has limited the amount taxpayers may write off for state and local…
House Republican tax bill passes 'SALT' deduction cap of $40,000. Here's Finance May 22, 2025 House Ways and Means Committee Chairman Jason Smith (R-MO) holds a news conference before a markup hearing in the Longworth…
