Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

The 'One Big Beautiful Bill Act' proposes significant changes to the SALT deduction, raising the limit from $10,000 to ...

The back-and-forth between Hochul and Lawler could be a preview of the next gubernatorial election, with the Hudson Valley Republican weighing a potential challenge to the incumbent Democrat in the ...

The recent tax and spending bill passed by the U.S. House of Representatives aims to make permanent the 2017 tax cuts and ...

The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...

After the House passed President Donald Trump’s “one big, beautiful bill” by a single vote on Thursday, the Senate is ...

President Trump's domestic policy bill, dubbed the One Big Beautiful Bill Act, was passed by the House of Representatives in ...

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