The U.S. House of Representatives has passed a new tax and spending bill that significantly alters the state and local tax ...

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...

House Republicans early Thursday took a major step forward on President Donald Trump’s agenda, approving a legislative ...

One of the more contentious issues has been how to address the $10,000 SALT cap. Lawmakers from high tax states (including New York, New Jersey, and California) believed they had the upper hand in ...

House Republicans cleared a major hurdle over the weekend in advancing a sweeping package of President Trump’s tax proposals, ...

As Congress deliberates these proposals, the potential impact on taxpayers, businesses, and the broader economy remains a ...

Evidently, the RINOs feel the same way, so instead of presenting an ideal amount to increase the SALT deduction cap, the SALT caucus, like the Democrats, wants to hold the bill hostage as long ...

The fate of President Donald Trump’s tax legislation may rest on whether the GOP can find common ground on tax breaks for high earners in predominantly Democratic states — and the issue also ...

House Republicans passed a bill to raise the ‘SALT’ deduction cap to $40,000. Here’s who would benefit from the change.