Hello, you have come here looking for the meaning of the word
SALT. In DICTIOUS you will not only get to know all the dictionary meanings for the word
SALT, but we will also tell you about its etymology, its characteristics and you will know how to say
SALT in singular and plural. Everything you need to know about the word
SALT you have here. The definition of the word
SALT will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
SALT, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Proper noun
SALT
- (politics) Acronym of Strategic Arms Limitation Talks.
Noun
SALT pl (plural only)
- (US, politics, usually attributive) Acronym of state and local tax(es) , 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: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, 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.
Further reading
Anagrams