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 ...

House Republicans and the White House are looking for common ground, with the Freedom Caucus, in particular, as leaders look ...

It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap​, increasing the state and local ...

Some of the most contentious issues now awaiting votes in Congress would have particularly heavy impacts on California.

A little-known provision that allows rich residents of high-tax states to lower their federal tax bill became one of the ...

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...

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 ...

The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

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

House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...