The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

The debate over the federal deduction for state and local taxes (SALT) intensifies as proposals to raise the cap to $62,000 ...

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

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 a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

Most of the proposals in ... Capping the SALT deduction at $30,000 and phasing it out for higher incomes would cost $916 ...

It’s a non-starter with representatives in the House’s so-called “SALT Caucus,” who have campaigned ... called Republican support the proposal "unacceptable." Rep. Josh Gottheimer, also ...

Rep. Young Kim rejects SALT cap proposal of $30,000, calling it a ‘slap in the face’ Trump seems open to increasing SALT cap, local GOP House member says after meeting OC Rep. Young Kim ...