State and Local Tax Deduction (SALT)

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Investopedia· 2025-08-07 12:00
Thanks to the One Big Beautiful Bill ACT (OBBBA), some taxpayers can now take greater advantage of the state and local tax deduction, known as SALT. We connected with experts to see who will benefit from this new change and who won't. https://t.co/KyxO1ZhU2j ...
Republicans Remain Split on SALT Deal as Deadline Looms
Bloomberg Television· 2025-06-26 14:24
House and Senate Republicans from high-tax states remain at odds over limits on the state and local tax deduction despite a meeting with Treasury Secretary Scott Bessent to try to resolve differences. Suzanne Lynch reports on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-th ...
Rep. Nick LaLota: The House reconciliation bill as is puts us on the right track
CNBC Television· 2025-06-20 13:35
Senate Republicans has set up a potential fight uh with the uh House following massive changes uh to the president's tax bill. A sticking point in the House raising the state and local tax deduction to $40,000. The Senate uh would like it to remain where it is at $10,000.Joining us now, Republican uh Congressman Nick Loa. Congressman, thanks for uh for joining us this morning. Can you you can make the case for for 40,000. Can you make the case for taking Can you make the case for taking it off completely.Ye ...