News

Trump's GOP tax cuts included in the One Big Beautiful Bill Act are projected to cost $3.8 trillion over the next decade. But ...
Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits 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 ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
A late-night meeting between Speaker Mike Johnson (R-La.) and moderate Republicans fighting for an obscure tax break ended ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.
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 ...