Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

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 ...

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

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 tax (SALT) deduction cap as part of larger revisions to the party’s ...

The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income ...

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

SALT includes income taxes, of course, but also property taxes, so the new cap hit taxpayers in high-tax states like New York, New Jersey, and California particularly hard. Even in states without ...

“President Trump has watched New York Republicans advocate to make ... of what is known as the SALT Caucus, which consists of Republicans and Democrats from high-tax states such as New York ...

Governor of Kansas flag on flagpole textile cloth fabric waving on the top sunrise mist fog By 1983 he landed his first high ... states and taxpayers, and become more involved in advocacy on ...

Because Democratic voters are more concentrated in high-tax states like New York and California, taxpayers in counties that voted for Hillary Clinton take much larger SALT deductions on average.