News

The approval of the 'One Big Beautiful Bill Act' in the House has highlighted significant divisions within the Republican ...
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
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 ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
The proposal ends some taxes on tipped income and overtime pay and extends Trump’s expiring 2017 tax cuts.