Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

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 ...

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 ...

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

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

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

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

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 ...

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, ...