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Trump, SALT and tax bill

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

President Donald Trump ’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT. But the phaseout, or income-based benefit reduction, could trigger a tax surprise for some higher earners, experts say.

Newsweek · 27d

What New 'Big Beautiful Bill' Proposals Mean for Medicaid, SALT

Proposed changes have reportedly angered some House Representatives, and differing views on the legislation could make passing Trump's bill difficult.

USA TODAY · 5d

Trump tax bill explained: Does 'Big Beautiful' mean costly and calamitous energy prices?

President Donald Trump's massive federal spending and tax bill stands to have far-reaching impacts on Arizona's energy and economic landscape.

How the ‘Senior Deduction’ in the Big, Beautiful Bill Could Help Retirees Keep Their Homes

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

3don MSN

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

Nearly half of residential properties in San Jose, Sunnyvale and Santa Clara — 47.9% — have annual property-tax bills of at least $10,000. That’s on top of state income taxes the homeowners are paying ...

11don MSN

Live Q&A: The ‘Big Beautiful Bill’—We Answered Your Questions

WSJ subscribers asked about what the bill means for SALT, electric vehicles, estate taxes, Social Security, Medicare and more ...

Explícame on MSN2d

Economic Redistribution in the Trump Era: Homeowner Deductions vs. SNAP Cuts

The 'One Big Beautiful Bill Act' under President Trump reshapes economic policies, offering tax relief to homeowners while ...

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