Senate push to maintain ‘Salt’ cap imperils Trump’s tax bill

Financial TimesMonday, June 16, 2025 at 11:33:32 PM
Senate push to maintain ‘Salt’ cap imperils Trump’s tax bill
The Senate is trying to keep a cap on state and local tax (SALT) deductions, which has ticked off House Republicans—so much so that it could threaten Trump’s big tax bill. Basically, it’s a political tug-of-war over who gets tax breaks, and the infighting might sink the whole deal.
— via World Pulse Now AI Editorial System

Was this article worth reading? Share it

Ready to build your own newsroom?

Subscribe to unlock a personalised feed, podcasts, newsletters, and notifications tailored to the topics you actually care about