Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House ...

President Trump’s bill to cut taxes and spending centers on an extension of his previous round of tax cuts, which Republicans ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new ...

Chu blamed Republicans for implementing the SALT cap in the first place “because they wanted to punish Californians by forcing us to pay the price tag for their huge tax cut for the rich.” ...