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 ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether ...

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

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

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

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 ...

House Republican leadership Wednesday night unveiled last-minute tweaks to President Trump’s tax cut and spending priorities ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...