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Trump, Senate and Tax

USA TODAY on MSN · 3d

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 money, experts say.

The Wall Street Journal on MSN · 4d

What’s in the Trump Tax Bill Passed by the Senate?

The bill proposes raising the state-and-local-tax deduction cap to $40,000 with a 1% increase every year through 2029, then reverting to $10,000 in 2030. It sets the income threshold at $500,000 and increases it by 1% annually through 2029.

CBS News on MSN · 2d

From tax credits to cuts, how Trump's "big, beautiful" spending bill could impact your money

President Trump is expected to sign the so-called "big, beautiful bill" in a ceremony on Friday at the White House to coincide with the July 4 holiday.It comes after the House approved the measure on Thursday.

5don MSN

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

Senate Republicans’ tax bill raises the ‘SALT’ deduction cap to $40,000. Here’s who could benefit from the change.

6don MSN

Senate GOP tax bill could crush wind and solar power, advocates say

A Republican plan heading to a vote in the Senate would quickly end incentives for clean energy and impose new taxes on some ...

3don MSN

Student loans, gun silencers and a space shuttle: See surprises found in GOP's tax bill

From gun silencers to the child tax credit, there are several secluded provisions lurking in the Senate's version of sweeping ...

4d

Chip Roy slams Senate changes to Big Beautiful Bill as GOP leaders push for final passage

As House Republican leaders sought Wednesday to pull the One Big Beautiful Bill across the finish line, they ran up against a ...

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