Steven T. Dennis

Reporter

Steven T. Dennis is a reporter with Bloomberg News.

Tax

Senate GOP to offer $40K SALT cap with lower income threshold

Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in President Trump's massive tax package.

By Erik Wasson and Steven T. Dennis

June 24
Tax

House SALT deal must change, Senate leader says

The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.

By Steven T. Dennis

June 4

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