News

The SALT deduction: Republicans’ tax break for wealthy blue-staters
The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...
Some homeowners could get a fat deduction under the new GOP tax bill. Here's what to know.
The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some homeowners.
How the GOP Tax Bill Still Leaves Blue States Picking Up the Check
At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...
SALT Caucus and GOP leadership reach tentative deal in win for tax bill
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
Conservative rips blue state Republican's proposal to raise taxes on wealthy in SALT debate
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
These High Tax States Could Benefit the Most From Higher SALT Deduction
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Senate GOP weighs SALT changes despite ‘big, beautiful bill’ deal
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Trump meets with GOP holdouts as negotiations over agenda bill falter
House Republicans worked through the night and met with Trump to move a megabill advancing the president's legislative agenda ...