News

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.
There are as many factions among Republicans in the upper chamber as in the House. Both chambers have to agree on the final ...
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 ...
A key issue just entered the next NY governor's race with two potential Republican contenders voting for a bill Gov. Kathy Hochul blasted as harmful.
The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...
There’s a bit of 2017 déjà vu for the GOP Congress member, with one big difference: He’s in a safe district now.
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.
One big debate over the bill was for SALT, or State and Local Tax, deductions. SALT currently lets people deduct $10,000 from ...
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
Connecticut’s congressional delegation joined opposition to House Republicans’ “big beautiful bill” designed to carry out ...