US EditionLocal officials celebrate increased SALT tax deduction in Trump’s ‘One Big Beautiful Bill’
- On May 27, 2025, local officials gathered in Staten Island to celebrate the House passage of the 'One Big Beautiful Bill,' which increases the SALT deduction cap.
- The bill, advanced by House Republicans including blue-state members, lifts the SALT deduction cap from $10,000 to $40,000 for filers earning up to $500,000, following intense negotiations.
- The legislation also extends the 2017 tax cuts permanently, cuts entitlement and clean energy tax credits, and raises border spending while facing opposition from fiscal hawks seeking deeper cuts.
- The Joint Committee on Taxation estimates the SALT cap increase will add $130 billion to the deficit, while the overall tax package could cost $3.9 trillion over ten years, mainly benefiting higher-income taxpayers.
- If the Senate approves, the bill could reduce federal taxes for many homeowners in high-tax states like New York but is expected to primarily benefit higher earners, with uncertain effects on middle-class relief.
11 Articles
11 Articles
One Big, Beautiful Bill: Tax Cuts, Border Security, and Ohio’s Stake in HR 1
Americans for Prosperity Ohio Director Donovan O’Neil joined The Windsor Report to discuss HR 1, the “One Big, Beautiful Bill.” Passed last week by the U.S. House and now in the Senate, the legislation includes permanent Trump tax cuts, border…
Here are the changes to the SALT tax deduction in the 'big, beautiful bill'
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a change that top earners will likely benefit the most from. Republicans in the lower chamber advanced their version of President Donald Trump’s "big, beautiful bill," after making his first-term tax cuts a focal point of the colossal package. SPEAKER JOHNSON REACHES TENTATIVE DEAL WITH BLUE STATE REPUBLICANS TO BOOST CAP ON SALT…
Washington Examiner
DailyTruthReportSALT changes in House tax bill increase deficit by $130 billion
The expansion of the cap on state and local tax deductions negotiated by blue-state Republicans and included in the megabill that passed the House last week would add $130 billion more to the deficit, according to a new official analysis. The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, on Wednesday released a full score of the version of the Republican legislation, the One Big Beautiful Bill Act, meant to enact President Do…
Local officials celebrate increased SALT tax deduction in Trump’s ‘One Big Beautiful Bill’
STATEN ISLAND, N.Y. — Rep. Nicole Malliotakis, Councilmembers David Carr and Frank Morano, and various community groups gathered at Better Homes and Gardens Real Estate Safari Realty on Tuesday afternoon to celebrate a proposed SALT deduction boost that passed the House of Representatives.
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