The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

Trump's sprawling tax-and-spending proposal—touted as the centerpiece of his second-term agenda—is facing intensifying ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

Donald Trump and Republican senators discussed ways to scale back the $40,000 state and local tax deduction cap in the House ...

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if they change their proposal for the state ...

Elon Musk’s broadside against the centerpiece of Donald Trump’s legislative agenda continued on Wednesday, as the billionaire ...

Congress faces pressure to refine tax policy by eliminating ineffective deductions and securing permanent tax cuts to help ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

On May 22, the House of Representatives passed proposed tax legislation titled, “The One, Big, Beautiful Bill” (TOBBB), which will now be debated ...

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...

This post covers five particularly notable provisions for states: increasing deductions for state and local taxes (SALT) paid ...