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

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

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Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

A new proposal could raise the SALT deduction cap from $10,000 to $30,000. Here’s how it may affect homeowners.

The tax bill passed by the house has a major change for Americans ... going to take that standard deduction over the salt deduction. If this $40,000 cap becomes law, they could deduct all $ ...

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 ...

White House press secretary Karoline Leavitt declined to give an answer to RCP reporter Phil Wegmann's question about whether President Trump would support the Senate making changes to the agreement ...