The Republican proposal to increase the SALT deduction cap to $40,000 has reignited debates over federal tax policy. This ...

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.

Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...

The U.S. House early Thursday approved the “big, beautiful bill” that Republican leaders spent months negotiating with ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

States have gone on a tax-cutting spree in recent years. More than half have slashed income taxes for wealthy people and corporations, in some cases by extraordinary amounts. Communities are starting ...

House GOP leadership has agreed to a series of last-minute changes to its sweeping tax and spending package designed to win ...

Defying opposition from within his ranks, House Speaker Mike Johnson insisted late Wednesday that Republicans would march ...

GOP factions clash over Medicaid, SALT, and green energy tax credits as Speaker Mike Johnson seeks unity on major legislative bill.

It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap​, increasing the state and local tax deduction from $10,000 to $40,000.

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