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 ...

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 ...

Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...

CBS News New York's Marcia Kramer has the details on the victory for homeowners in the Tri-State Area. Steve Bannon, a former ...

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...