Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

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

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 ...

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

Republicans make it easier for Democrats to raise state taxes.

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...

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

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...