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 ...

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

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

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

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

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.

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

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 ...