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The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...