State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...

After years of debate, the U.S. House of Representatives passed a bill that raises the cap on the state and local tax ...

The House wants to raise the SALT deduction cap, which would help wealthy Californians pay less in federal taxes. The Senate disagrees.

The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely ...

The Republican tax reform, hailed as a 'grand and beautiful bill' by President Trump, introduces pivotal changes to the tax ...

The Republican tax reform, hailed as a 'grand and beautiful bill' by President Trump, introduces pivotal changes to the tax ...

By making permanent many of the growth-enhancing Tax Cuts and Jobs Act provisions, individuals can continue to pay lower taxes. The SALT deduction cap would act as a double cut, but in this case ...

If the deduction cap rises, at least eliminate the state workarounds.

After the SALT deduction was capped at $10,000 in the 2017 TCJA, numerous states lowered their income tax rates. These include Iowa, Kansas, Louisiana, and Mississippi, plus several that already ...

The impasse over the state and local tax (SALT) deduction cap is deepening as Senate Republicans and House moderates from high-tax blue states remain at a loggerheads, a stalled state-of-play that ...

The revised bill raises the cap on federal deductions for state and local taxes, known as SALT, to $40,000 with an annual 1% inflation adjustment through 2029, after which it would fall back to ...

The impasse over the state and local tax (SALT) deduction cap is deepening as Senate Republicans and House moderates from high-tax blue states remain at a loggerheads, a stalled state of play that … ...