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 ...

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 ...

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

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

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...

Taxpayers in states like New York could save more under the new $40,000 SALT deduction cap. Here's how it would work.

For the middle class, this is a real win, especially in a state like New York,” Lawler told The Post in an exclusive interview Wednesday trumpeting increase from a $10,000 to a ...

SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...

House Speaker Mike Johnson (R-La.) reached a deal with Republican House members from blue states who pushed for an increase in the SALT deduction cap in President Donald Trump’s ‘big, ...