Saluting rhymes with:
polluting, diluting, looting, polluting, booting, bruting, commuting, computing, diluting, disputing, fruiting, looting, muting, polluting, recruiting, refuting, rerouting, rooting, shooting, suiting, supercomputing, telecommuting, uprooting
Saluting sounds like:
salting, scalding, scolding, shackleton's, shackletons, shelton's, shielding, skeletons, slating, sledding, sleuthing, sliding, slitting, slotnick, slotting, slowdowns, solutions, sultan's, sultans