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House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...
The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.
His private comments to Senate Republicans suggest the benefits for taxpayers in high-tax places could be pared back from the ...
Two weeks after President Donald Trump's sweeping tax bill passed the House with razor-thin margins, the Senate has begun to tinker with the legislation's architecture. Some are now warning that ...
The House-approved tax bill could end the popular 'SALT' deduction workaround for certain pass-through businesses. Here's ...
The legislation has implications on taxes for individuals and families at most income levels as well as for businesses and ...
On May 22, 2025, the House passed the legislation entitled “The One Big Beautiful Bill” (the “BBB”). The BBB makes permanent, extends and, in ...
The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.
Two potential New York gubernatorial challengers helped negotiate a federal provision to quadruple the contentious $10,000 cap on the amount taxpayers can deduct from their state and ...
Stefanik and Lawler took different approaches to SALT negotiations in the wake of ... That statement insisted that raising the SALT deduction was a “matter of fundamental fairness” for ...
The bill, designed to carry out Trump’s agenda on taxes, immigration and energy, could have several implications for ...