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 ...

That’s largely because Republicans partially offset those tax cuts — estimated to cost about $4 trillion ... the bottom 80% ...

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 ...

Here is a look at who benefited and who lost out, or at least didn’t achieve big wins, from the Republican reconciliation ...

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

Households in the top 0.1% would reap more than $390,000 in tax savings, according to one analysis of the tax and spending ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

Republicans make it easier for Democrats to raise state taxes.

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...