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

In the midst of negotiations for the 'One Big Beautiful Bill Act,' a group of Republicans known as the 'SALT caucus' emerged ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

The state and local tax deduction (SALT) has been getting attention lately. That's partly because President Trump floated the idea (supported by some Democrats) to "bring back SALT" (i.e., get rid ...

Evidently, the RINOs feel the same way, so instead of presenting an ideal amount to increase the SALT deduction cap, the SALT caucus, like the Democrats, wants to hold the bill hostage as long as ...

Photo Illustration: Annie Zhao As Congress debates tax policy this year, the state and local tax-deduction cap is in the crosshairs. The SALT deduction cap is set to expire at year’s end ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.