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 ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

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 ...

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

The House has passed the president’s tax bill. Now the Senate can make it less fiscally reckless.

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  How ...

The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...

House Republicans are considering raising the SALT deduction cap to $30,000 as part of Trump's tax package. Speaker Mike ...

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

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