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Senate Republican tax bill passes 'SALT' deduction cap of $40,000. Here's who would benefit.
The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.
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Five Surprising GOP Senate Bill Tax Changes to Know
Based on the latest legislative text, here are five key changes proposed in the Senate GOP tax bill. 1. More modest Child Tax Credit — and sharper Medicaid cuts.
Trump tax and spending bill passes with Senate's generous SALT changes. Why this matters.
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...
Republican senators seek to change Senate bill clean energy tax, improve tax credits
Republican Senator Joni Ernst has introduced an amendment to the U.S. Senate's tax and spending megabill that would change two of the most contentious parts of that bill and could give a small boost ...
How Senate Republicans want to change the tax breaks in Trump’s big bill
While the two bills are similar on the major tax provisions, how they work out their differences in the coming weeks will determine how quickly they can get a final product over the finish line.
USA Today15d
Despite last-minute changes, Senate budget bill deals big blow to renewable energy
Business and labor groups earlier this week had blasted the bill's phaseout of tax credits. The Senate bill effectively phases out renewable energy tax credits after 2026 if projects haven't ...
These Senate changes to Trump's agenda bill could be sticking points in House
All eyes are now on the House after the Senate narrowly passed a major tax cut and spending bill that is the centerpiece of ...
US Senate Republicans change Trump tax-cut bill, setting conflict with House
U.S. Senate Republicans on Monday unveiled proposed changes to President Donald Trump's sweeping tax-cut and spending bill that would make some business-related tax breaks permanent while making more ...
From tax on tips to SALT deductions: Senate tweaks bring change to Trump's big tax bill
The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.
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Five Surprising Senate Bill Tax Changes to Know - MSN
Here's more of what you need to know. Senate tax bill proposals. Like the House version of Trump’s One Big Beautiful Bill Act, the Senate’s proposed bill proposes several tax changes ...
Senate votes to move ahead on funding clawback package
The Senate will also vote on Tuesday evening to formally begin debate on the effort to rescind funding, which will require 51 votes to move forward, too. Even though Senate Republ ...