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

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 ...

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

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

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

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The House has passed the president’s tax bill. Now the Senate can make it less fiscally reckless.

House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...

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

But the tax cut package that passed the U.S. House and President Trump has dubbed the "big, beautiful bill" may change before ...

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