State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...

Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

The new tax law hiked the SALT deduction cap to $40,000. That’s good news for taxpayers in high tax states, but it’s a ...

The Tax Cuts and Jobs Act, signed into law by former President Donald Trump in December 2017, represented the most ...

WASHINGTON — New York’s two Democratic Senators — Chuck Schumer and Kirsten Gillibrand — spoke out Thursday against the ...

House and Senate Republicans are not close to a deal on raising the state and local tax deductions, leaving the fate of the “one big, beautiful” reconciliation bill up in the air as the lower ...

The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially ...

Bessent Predicts Republicans Reach SALT Truce Within 48 Hours Treasury Secretary Scott Bessent said House and Senate Republicans can cut a deal on the state and local tax deduction within the next ...

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the state and local tax (SALT) deduction cap, which has been one of the key hang… ...

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the state and local tax (SALT) deduction cap, which has been one of the key ...

At the meeting held Monday, June 30, the Supreme Council of National Defense (CSAT), chaired by president Nicușor Dan, identified tax evasion as a major threat to the country's economic security.