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

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction. Find out more.

House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

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.

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

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

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

The House Ways and Means Committee is eyeing a plan to increase the state and local tax (SALT) deduction cap by $30,000 for ...

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

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

House Speaker Mike Johnson and a group of blue-state Republicans reached a tentative deal today to raise the cap for the state and local tax deduction, often referred to as the SALT deduction ...