Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The changes to the SALT cap agreed to in negotiations after the House Ways and Means Committee passed its tax bill would add ...

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 ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

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

House Republicans passed President Donald Trump’s “one big, beautiful bill” on May 22. This meaty budget reconciliation bill ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

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

Here’s the rundown of significant late alterations made to secure passage of the reconciliation bill, which would enact much ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...