Harvard Wins Reprieve, SALT Stalls: Tax Bill Winners and Losers

Senate Bill Delays SALT, Expands Business Tax Breaks

US businesses and wealthy universities scored major wins in the Senate Republicans’ version of President Donald Trump’s tax bill, while low-income Americans and clean energy providers are poised to be hit the hardest.

The Senate bill has already sparked backlash from various GOP factions and several provisions threaten the fragile coalition that squeaked the legislation through the House by a single vote last month.