The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...

One big debate over the bill was for SALT, or State and Local Tax, deductions. SALT currently lets people deduct $10,000 from ...

The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act, and is shaping up to be so again in 2025.

House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...

Despite insisting for months they wanted green energy tax credits to be handled with a scalpel in their sweeping reconciliation measure, moderate Republicans ultimately accepted a sledgehammer ...

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

House Republicans were still unable to reach a deal on Tuesday over the divisive state and local tax deduction as President ...

Under the bill, employees would be eligible for an annual income tax deduction of $25,000 for some types of cash tips.