News

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
It is essential that we reach an agreement—and one that doesn’t unjustly burden important constituencies.
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.
A little-known provision that allows rich residents of high-tax states to lower their federal tax bill has become one of the biggest sticking points in negotiations over Republicans' massive spending ...
President Trump told the rep Tuesday to back off on his demand for a higher limit on state and local tax (SALT) deductions — as the ask threatens GOP unity on Trump’s “big, beautiful ...
New York Republicans find themselves in the middle of the fight over the deductibility of state and local taxes in the ...
SALT is a tax break that allows taxpayers to deduct part or all of what they paid in state and local taxes from their federal tax return.