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Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
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 SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...
The current version of the proposal calls for the state and local tax deduction cap to be hiked to $30,000, which a group of ...
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.