The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

As "One Big Beautiful Bill Act" is expected to reduce taxes, experts argue whether it will cater to the value or growth ...

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

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.

Bulls maintain the upper hand as long as gold can hold above the 50-day EMA and previous-resistance-turned-support in the $3150 area. After setting an all-time record “closing” high yesterday (to the ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property taxes?

The current $10,000 cap on SALT deductions was introduced in the original 2017 Trump tax cut and an increase is being negotiated as part of the tricky talks for a sprawling budget bill that will ...

The fate of President Donald Trump’s tax legislation may rest on whether the GOP can find common ground on tax breaks for high earners in predominantly Democratic states — and the issue also ...

Mike Lawler (R-N.Y.), for example, introduced a bill in January that would increase the SALT deduction cap to $100,000 for single filers and $200,000 for married couples who file jointly. Rep.