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Republicans scope tentative woody connected 'SALT'
A tentative woody has been reached betwixt House Speaker Mike Johnson and a radical of bluish authorities Republican lawmakers to boost the headdress connected authorities and section taxation deductions, oregon "SALT."
House Speaker Mike Johnson has reached a tentative woody with bluish authorities Republican lawmakers to boost the headdress connected authorities and section taxation deductions, oregon "SALT," to $40,000 successful President Donald Trump’s alleged "big, beauteous bill," Republican sources confirmed to Fox News precocious Tuesday.
The projected headdress – which is up from $30,000 – would beryllium per household for taxpayers making little than $500,000 per year.
GOP HOLDOUTS UNMOVED BY TRUMP'S 'BIG, BEAUTIFUL' TRIP TO CAPITOL HILL
Speaker of the House Mike Johnson, R-La., speaks astatine a property league with different members of House Republican enactment successful Washington, DC, United States, connected May 20, 2025. (Nathan Posner/Anadolu via Getty Images)
It remains unclear whether GOP hardliners who reason raising the SALT headdress deductions volition motion disconnected connected the measure.
The tentative agreement, archetypal reported by Politico and confirmed by Fox News, comes arsenic House GOP factions person been engaged successful high-stakes debates connected taxes, Medicaid, and greenish vigor subsidies portion crafting the president’s "big, beauteous bill."
President Donald Trump and Speaker of the House Mike Johnson, R-La., speech with reporters aft a House Republican Conference gathering connected the fund reconciliation measure successful the U.S. Capitol connected Tuesday, May 20, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
SALT deduction caps chiefly payment radical surviving successful high-cost-of-living areas similar New York City, Los Angeles, and their surrounding areas.
BLUE STATE REPUBLICANS THREATEN MUTINY OVER STATE AND LOCAL TAXES IN TRUMP'S 'BIG, BEAUTIFUL BILL'
House Speaker Mike Johnson, R-La., speaks during a quality league astatine the Capitol, May 6, 2025, successful Washington. (AP Photo/Rod Lamkey, Jr., File)
Republicans representing those areas person framed raising the SALT deduction headdress arsenic an existential issue, arguing that a nonaccomplishment to code it could outgo the GOP the House bulk successful the 2026 midterms.
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Meanwhile, Republicans representing lower-tax states are mostly wary of raising the deduction cap, believing that it incentivizes bluish states’ high-tax policies.
Fox News Digital’s Elizabeth Elkind contributed to this report.
Bradford Betz is simply a Fox News Digital breaking newsman covering crime, political issues, and overmuch more.
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