Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

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 ...

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

Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local ...

The bill is expected to undergo more changes when it goes to the Senate for final passage. FOX 5 NY's Morgan McKay has more.

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

New York Republicans find themselves in the middle of the fight over the deductibility of state and local taxes in the ...

The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.

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

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

Republicans brokered a deal for the tax bill after division on raising the SALT deduction cap from $10,000. Democrats call ...