Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the country and a high-income tax rate layered on top, New York residents are disproportionately affected by the current $10,000 cap on state and local tax deductions.

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) deduction cap, three sources told The Hill, solving a critical hang-up that

WASHINGTON — President Donald Trump distanced himself from his full-throated campaign pledge of "restoring the SALT deduction," as he pressed New York Republicans Tuesday to vote for a sweeping budget bill despite their objections that the proposed deduction cap offers little relief.

When it comes to the new federal budget, I don’t want a SALT deduction. I want a SALT exclusion. I want a dollar-for-dollar reduction in my federal taxes for everything I pay in state and local taxes.

Republican leaders approach a long-sought agreement with lawmakers from high-tax states.

A new proposal could raise the SALT deduction cap from $10,000 to $30,000. Here’s how it may affect homeowners.

New York Republicans find themselves in the middle of the fight over the deductibility of state and local taxes in the federal tax bill.

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

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