News

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
The House of Representatives passed the “one big, beautiful bill” Thursday morning, but not before the House Rules committee ...
Senate Republicans say they’re going to rewrite the 1,116-page bill the House narrowly passed Thursday to enact President ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...