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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 · 5d

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 · 5d

Senate version of Trump's "big, beautiful bill" would pummel renewable energy industry with new tax

The GOP Senate version of the "big, beautiful bill" would raise the cost of wind and solar projects by 10% to 20%, one energy group estimated.

3don MSN

Tax Cuts, Student Loans, Medicaid: What’s in the Senate GOP’s Megabill

The bill proposes a new $6,000 per-person tax deduction for seniors. The maximum deduction starts phasing down once income ...

5don MSN

Senate removes excise tax on renewable energy industry from Trump domestic policy bill

The Senate budget bill would have imposed an excise tax on certain wind and solar projects with foreign materials.

5don MSN

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

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually ...

6don MSN

Senate passes Trump’s tax bill, sending it to House for final vote

The measure would extend trillions of dollars in tax cuts from Trump’s first term and implement new campaign promises while ...

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