News

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 ...
If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...
House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...
The higher SALT cap would mean millions of mostly high-income taxpayers in high-tax states would save thousands of dollars ...
For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...