Trump's 'big beautiful bill' could deliver 45.5% 'SALT torpedo' for high earners, tax pro says

President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT.

Jul 11, 2025 - 23:30
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Trump's 'big beautiful bill' could deliver 45.5% 'SALT torpedo' for high earners, tax pro says
President Donald Trump’s ‘big beautiful bill’ delivers a temporary higher limit on the federal deduction for state and local taxes, known as SALT.

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