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Senate, Trump 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.

Associated Press News on MSN · 4d

Senate passes Trump’s big tax and spending cuts bill as Vance breaks a 50-50 tie

Senate Majority Leader John Thune says Republicans “got the job done” in passing President Donald Trump’s big bill of tax breaks and spending cuts.

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.

3don MSN

Student loans, gun silencers and a space shuttle: See surprises found in Senate 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 ...

5d

Senate GOP removes tax on solar and wind energy but dismantles climate law passed by Democrats

The sprawling Republican budget bill approved by the Senate Tuesday removes a proposed tax on solar and wind energy projects ...

1d

President Trump signs his “Big Beautiful Bill” during 4th of July celebration

After delivering a speech highlighting the destruction of Iranian nuclear facilities, his supporters in Congress and elements ...

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