SALT

See also: salt, Salt, and sålt

English

Proper noun

SALT

  1. (politics) Acronym of Strategic Arms Limitation Talks.

Noun

SALT (plural SALTs)

  1. (US, politics, usually attributive) Acronym of state and local tax(es) [deduction], a tax deduction whereby some portion of the money paid as taxes to state and local governments is not taxed at the federal level; the tax-deductible portion is nominally capped, but the cap is circumventable via special-interest loopholes.
    • 2024 August 9, Andrew Lautz, “How SALT May Shake Up the 2025 Tax Debate”, in Bipartisan Policy Center[1]:
      Both the SALT limitations and the doubled standard deduction expire after 2025, putting SALT on the 2025 menu for lawmakers.
    • 2025 May, “The One, Big, Beautiful Bill”, in United States House Committee on Ways & Means[2], page 37:
      In general, income taxes paid or accrued in carrying on a trade or business or an income-producing activity are subject to the SALT cap. The SALT cap is set to expire for taxable years beginning after December 31, 2025.
  2. (UK, healthcare) Acronym of speech and language therapist.
  3. (UK, healthcare) Acronym of speech and language therapy.

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Anagrams