Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

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 ...

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

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

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

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

The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...

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

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...