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

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 U.S. House of Representatives has passed a new tax and spending bill that significantly alters the state and local tax ...

House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative ...

Early Thursday morning, the House of Representatives passed the One Big Beautiful Bill Act by one vote. The bill had been ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

The House Ways and Means Committee advanced its tax portion of President Donald Trump’s ‘big, beautiful bill.’ Here’s what’s ...

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