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Donald Trump, SALT and big beautiful bill

Trump’s ‘big beautiful bill’ could deliver 45.5% ‘SALT torpedo’ for high earners, tax pro says

Trump’s "big beautiful bill" includes a temporary $40,000 SALT deduction cap. But the phaseout could trigger a tax surprise for some higher earners.

· 22h · on MSN

The new $40,000 cap on SALT deductions in Trump’s big bill aids homeowners most in these cities

· 2d · on MSN

Trump’s tax law includes a $40,000 SALT cap. Here’s who qualifies.

SALT, new tax

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· 1d · on MSN

The SALT deduction is now much more generous. Here’s how to get the most out of the tax break.

A deduction to defray homeowners’ state income taxes and local property taxes is getting much more generous, following fierce debate among lawmakers in Washington. The focus on the write-off is now coming from homeowners deciding if they should use the deduction to their advantage for the first time in years.

· 20h · on MSN

Who will — and won’t — benefit from the bigger SALT deduction

· 2d

SALT deduction cap boosted to $40,000 — here’s who stands to get the biggest tax break

New SALT Cap Could Slash Property Tax Pain for Homeowners in These High-Tax States

A new $40K SALT cap could deliver long-awaited tax relief to homeowners in high-cost states like NJ, NY, and CA by cutting ...

Pasadena Star-News1dOpinion

Are we pouring SALT on housing’s affordability wounds?

Tossing more money at the housing market only benefits the few who qualify – and makes house hunting a futile chase for the ...

1mon

Goldman Sachs: Wealthy Americans to continue exodus from high-tax states even with higher SALT deduction

Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax states to low-tax states amid rising interstate migration.

2hon MSN

The water agency that serves nearly a quarter of Utahns wants to hike property taxes. Here’s how much it could cost.

The tax hike would help the Jordan Valley Water Conservancy District meet the growing demand that comes with the county’s ...

Long Island Press3d

SALT deduction grows to $40K, stirring debate among Long Island reps

After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...

How the Big Beautiful Bill offers tax relief for homeowners in Southern California

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...

MiBolsilloColombia on MSN2d

Trump's SALT deduction limits may drag more earners into AMT liability

Trump’s ‘One Big Beautiful Bill Act’ could unintentionally push more taxpayers into the AMT, especially in high-tax states, ...

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