GOP Tax Bill Prioritizes Trump Campaign Vows, Increases SALT

GOP Tax Plan Pushes Trump Agenda, Increases SALT Deduction

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By Erik Wasson, Ari Natter, and Nancy Cook

May 12, 2025 at 6:40 PM UTC

Updated on

May 13, 2025 at 1:06 PM UTC

President Donald Trump’s campaign tax pledges — no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors — are the centerpiece of a multitrillion dollar package that will serve as Republicans’ signature legislative effort.

In a draft version of the tax bill released on Monday, House Republicans highlighted the president’s populist priorities in a package that would enact those cuts through 2028. The bill would also make the lower individual tax rates Trump signed in 2017 permanent.