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Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
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 ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...
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