Republicans, SALT and House
Digest more
Top News
Overview
Impacts
MAGA, Trump and Tax cut
Digest more
WASHINGTON—Conservative House members are fuming at some of their Republican colleagues from New York, New Jersey and California, whose insistence on a much larger state and local tax deduction is one of the biggest remaining hurdles to the party’s giant tax-and-spending bill.
Three key panels are addressing some of the thorniest issues poised to make or break the Republicans' massive bill for Trump's agenda.
In addition to raising the endowment tax rate for the richest schools to as much as 21%, the bill hits schools with heavy foreign student enrollment.
The Republican tax bill looks very different depending on your income—and your political lens.
Marathon-long House committee markup meetings for President Donald Trump's massive tax and government spending plans, monikered as "one, big, beautiful bill", are putting U.S. representatives from both sides of the political aisle to sleep.
It found that, on average, all income groups would benefit from the tax proposals. But more than two-thirds of the tax cuts would go to those making $217,000 or more,