If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether ...

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

House Republican leadership Wednesday night unveiled last-minute tweaks to President Trump’s tax cut and spending priorities ...

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.