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Republican Jack Ciattarelli and Democrat Mikie Sherrill traded sharp criticism on social media this week over a proposed ...
The 'One Big Beautiful Bill Act' proposes significant changes to the SALT deduction, raising the limit from $10,000 to ...
The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...
Pass-through businesses would enjoy a higher qualified business income deduction under the bill, which just passed in the House.
House Republicans approved a massive legislative package comprising the major pieces of President Trump’s domestic agenda ...
At 6:54 a.m. this morning – after several days of political wrangling and an all-nighter House voting session – House ...
While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...