Progressives reflexively denounce tax cuts and spending cuts as “giveaways to the wealthy” or “stealing from the poor.” So, ...

From “no tax on tips” to the $6,000 “senior bonus,” state lawmakers are integrating components of the One Big Beautiful Bill into their respective tax codes.

July 4 marked more than just Independence Day this year — it marked the signing of the One Big Beautiful Bill, the most significant tax reform since the Tax Cuts and Jobs Act.

They argue that SALT deductions primarily benefit high-income earners in blue states and subsidize spending by state and local governments led by Democrats. So, the $40,000 cap surviving the ...

President Donald Trump's "big beautiful bill" added a "SALT torpedo" for higher earners that could incur a 45.5% tax rate. Here's how to avoid it.

If you are a homeowner in Santa Barbara, you have likely felt the impact of the $10,000 cap on state and local tax deductions that was introduced several years ago.

Trump's legislation also reduces itemized deductions for certain taxpayers in the top, 37%, income tax bracket, which lowers the benefit of the bigger SALT cap for the highest earners.