The measure is often referred to as the SALT income tax deduction. (SALT stands for “state and local taxes.”) It allows ...

Sen. Markwayne Mullin (R-Okla.) briefed his colleagues on talks he’s brokering with House Republicans on raising the state-and-local-tax deduction cap, known as SALT. Mullin signaled afterward he ...

The Senate has lowered the proposed SALT deduction cap from $40K to $10K, leading to an angry outcry from the House ...

Senate Republicans’ tax bill raises the “SALT” deduction cap to $40,000. Here’s who could benefit from the change.

Passed via the Tax Cuts and Jobs Act, or TCJA, of 2017, there’s a $10,000 limit on the SALT deduction through 2025, which has been a pain point for certain lawmakers in high-tax blue states.

Passed via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's a $10,000 limit on the SALT deduction through 2025, which has been a pain point for certain lawmakers in high-tax blue states. If ...

Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

New York ranks highest in the nation for state and local tax collections per capita at $12,685 as of 2022, according to the latest data from the Tax Foundation, a right-leaning think tank.