The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

Many Americans who make less than $51,000 a year would see their after-tax income fall if the legislation is passed as is.

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 House Ways and Means Committee on Monday released a fuller version of its part of Republicans’ bill full of President ...

The 'One Big Beautiful Bill Act' proposes significant changes to the SALT deduction, raising the limit from $10,000 to ...

Pass-through businesses would enjoy a higher qualified business income deduction under the bill, which just passed in the House.

Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

Members in high-tax states are threatening to vote against the budget bill unless they see a hike in the SALT deduction.

Beyond increasing the SALT deduction cap, the bill includes several tax-related promises Trump ... but voiced some hesitation because of the political implications. The bill’s release comes ...

Futzing with the cap has serious implications on the total ... Importantly, even with the SALT cap, many wealthy households' tax bills are still smaller than they were in before the 2017 tax ...

At 6:54 a.m. this morning – after several days of political wrangling and an all-nighter House voting session – House ...