← U.S. Wealth Inequality & the OBBBA
The OBBBA raised the State and Local Tax (SALT) deduction cap from $10,000 to $40,000 through 2029.
multiple outlets, traced to a single source · Reported fact · first recorded Jul 9, 12:46 PM
Although several outlets carry this claim, their reporting traces back to a single shared source — so it counts as one confirmation, not several.
How each outlet reported it
fool.comUnrated · Jul 9, 12:46 PM
The OBBBA raised the State and Local Tax (SALT) deduction cap from $10,000 to $40,000 through 2029.
Details: $10,000 to $40,000; through 2029
cpapracticeadvisor.comUnrated · Jul 9, 12:46 PM
The One Big Beautiful Bill Act (OBBBA) raised the SALT cap to $40,000 beginning in 2025
Details: $40,000 cap; 2025
finance.yahoo.comUnrated · Jul 9, 12:46 PM
The OBBBA raised the State and Local Tax (SALT) deduction cap from $10,000 to $40,000 through 2029.
Details: $10,000 to $40,000; through 2029
aol.comUnrated · Jul 9, 12:46 PM
The law increased the state and local tax deduction from $10,000 to $40,000 a year
Details: $10,000; $40,000