‘Modern Family’ actor relocated family to Salt Lake City after the show concluded
Ty Burrell Shares Thoughts on Leaving Hollywood for Salt Lake City Ty Burrell, known for his role as Phil Dunphy on the acclaimed sitcom Modern Family, recently reflected on his life after the show. After it wrapped, Burrell and his wife Holly decided to leave Los Angeles behind in favor of a quieter life in […]
The SALT income tax deduction limit was raised to $40,000 in Trump’s legislation. Is it worth claiming?
Changes in the SALT Tax Deduction Limit For the last seven years, taxpayers have faced a cap of $10,000 on the deduction for state and local taxes, a significant drop from the previous limit of $40,000. This cap was introduced by Congress during the first Trump administration as part of a substantial tax reform package. […]
Regions Losing Residents to Low-Tax States with Poor Policies Need SALT to Retain People
Rep. Suozzi Discusses Population Loss and High Taxes During a recent appearance on CNBC’s “Squawk Box,” Representative Tom Suozzi (D-NY) shared his concerns about raising taxes, citing the loss of population in blue states. He pointed out that as taxes climb, residents are moving to lower-tax states like Florida, Texas, and Tennessee. Suozzi added, “The […]
Wealthy taxpayers in California and New York to benefit from SALT changes in 2016
Republicans are framing a new tax law as a win for middle-income Americans. Yet, the most substantial tax benefits seem to be going to wealthier individuals, especially in high-tax states like California and New York. This shift occurs because the law raises the amount allowed for state and local tax deductions, commonly referred to as […]
Trump’s significant bill might impose a 45.5% ‘SALT hit’ on high earners, according to a tax expert.
Salt Caucus Press Conference on Tax Deductions On Wednesday, February 8, 2023, President Josh Gottimer of New Jersey is set to speak at a press conference regarding the Salt Caucus, outside the Capitol Building in Washington, D.C. President Trump’s “big beautiful bill” implements a temporary cap on the federal deductions available for state and local […]
Trump’s ‘one big beautiful’ bill surpasses the $40,000 limit on the ‘SALT’ deduction. Here’s who gains.
House Republicans Approve Trump’s Tax Bill with SALT Changes House Speaker Mike Johnson (R-LA) was seen talking with Rep. Andy Ogles (R-TN) after a procedural vote on the extensive tax bill in Washington, D.C., on July 2, 2025. Recently, House Republicans passed what President Trump refers to as his “one big beautiful” bill, which notably […]
SALT deduction will help ‘none of the 90% of US taxpayers,’ according to economists.
Debate Over Trump’s Tax Bill and SALT Deduction Rep. Mike Lawler from New York recently voiced his concerns about Republican pushback against President Donald Trump’s latest tax proposal during a segment on “Varney & Co.” One major point of contention is the state and local tax (SALT) credit included in the large tax and expenditure […]
Mike Lawler claims the Senate is presenting a favorable proposal on SALT in the Trump tax bill.
Republican Reactions to Senate Tax Provisions A prominent Republican from New York expressed satisfaction with the Senate’s version of President Trump’s tax provisions after a rocky few weeks. “I think it’s a very good thing,” said Rep. Mike Lawler, emphasizing that they managed to keep the language regarding their home deductions unchanged. He noted that […]
Mike Johnson and Scott Bessent believe the SALT agreement is nearly finalized.
Speaker Mike Johnson (R-LA) and Treasury Department official Scott Bescent indicated that discussions regarding the state and local tax (SALT) deduction cap are nearing a conclusion. During a lunch meeting on Friday with GOP Senators, Johnson and Bescent outlined a plan they had designed alongside a few moderate House Republicans from high-tax blue states. Senator […]
Changes to Trump’s major tax proposal include adjustments to tip taxation and SALT deductions.
Senate Approves Tax Break for Tipped Workers This week, the Senate announced a revision of a tax proposal known as “One Big Beautiful Bill,” put forth by President Donald Trump. There are mixed opinions about whether this is better for the average American compared to a similar bill passed by the House. The Senate’s version […]