Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here’s who benefits

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Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here’s who benefits

nbcnews.com/business/personal-finance/senate-republican-tax-bill-passes-salt-deduction-cap-40000-benefits-rcna216315

Senate Republicans on Tuesday passed changes to the federal deduction for state and local taxes, known as SALT, as part of President Donald Trump’s multitrillion-dollar spending bill

This story appeared on nbcnews.com, 2025-07-01 19:57:35.