With Congress considering changes to the SALT cap, Goldman Sachs’ analysis found that high-income earners are continuing to ...

Senate Republicans met on Wednesday to discuss the $40,000 SALT cap, among other provisions, that was included in the House version of the reconciliation legislation.

Two weeks after President Donald Trump’s sweeping tax bill passed the House with razor-thin margins, the Senate has begun to ...

Goldman Sachs analysis finds higher SALT deduction caps unlikely to prevent high-income households from moving from high-tax states to low-tax states amid rising interstate migration.

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

Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between ...

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

One of the most controversial tax provisions in President Donald Trump’s “big, beautiful bill” could soon be retooled in the ...

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...

House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and ...

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

Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between current law and the more generous limit in House’s version of President Donald ...