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U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
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 ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.
3don MSNOpinion
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...
The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...
The agreement marks a big win for SALT cap crusaders like Rep. Mike Lawler (R-NY) and others who have demanded the SALT cap ...
A late-night meeting between Speaker Mike Johnson (R-La.) and moderate Republicans fighting for an obscure tax break ended ...
One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...
Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...
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