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

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 ...

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

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

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 ...

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

Republicans make it easier for Democrats to raise state taxes.

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...