Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

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

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

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

As "One Big Beautiful Bill Act" is expected to reduce taxes, experts argue whether it will cater to the value or growth ...