News

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 ...
Two of the most contentious issues awaiting votes in Congress would have particularly heavy impacts on California.
Republicans from high-tax blue states want a higher cap for the state-and-local tax deduction.
Some of the most contentious issues now awaiting votes in Congress would have particularly heavy impacts on California.
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
House Republicans are looking to push through tax cuts and spending reductions ... House members are fuming at some of their Republican colleagues from New York, New Jersey and California, whose ...
Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.
The House Ways and Means Committee voted 26-19 to approve the tax part of the legislation after a marathon markup meeting ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
It comes as various House Republican factions are locked in high-stakes debates on taxes ... higher deduction caps for state and local taxes (SALT). The 39.6% rate refers to the top income ...