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

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 budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

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

The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you deduct the state and local taxes you’ve already paid, like income tax, ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

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

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

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

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

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