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

The recent expansion of the SALT deduction highlights how fiscal policies can cater to specific interests, creating uneven ...

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...

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

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

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

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

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

Did you ever wonder what would happen if a progressive tax system and a flat tax system collided? I didn’t think so.

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...