Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

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

The State and Local Tax (SALT) deduction cap has sparked renewed debate in U.S. tax policy. While some argue for increasing ...

The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income ...

Stefanik then declined to sign a post-meeting statement by moderates Lawler, Reps. Nick LaLota, Andrew Garbarino and others saying they respect the president but want more SALT relief for blue “donor ...

House Republicans have reconvened for a potential all-night session on their multitrillion-dollar tax breaks package. Speaker ...

President Donald Trump warned Republicans on Wednesday that failure to pass his massive tax and immigration package would be ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...