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

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 ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and ...

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 ...

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 ...

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

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

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