Trump, GOP tweak SALT cap. Here’s what to know about the controversial tax break.

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is how generous to make the deduction for state and local taxes.

May 21, 2025 - 19:04
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Trump, GOP tweak SALT cap. Here’s what to know about the controversial tax break.
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is how generous to make the deduction for state and local taxes.