Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

With President Donald Trump’s limit on state and local income tax (SALT) reductions expiring, New Yorkers could soon see an increased cap. Republicans this week reached a ...

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

The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...

For the middle class, this is a real win, especially in a state like New York,” Lawler told The Post in an exclusive interview Wednesday trumpeting increase from a $10,000 to a ...

US House Speaker Mike Johnson (R-La.) is raising the proposed SALT (State and Local Tax) deduction cap to $40,000 in hopes of ...

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.

reached a deal with Republican House members from blue states who pushed for an increase in the SALT deduction cap in President Donald Trump’s ‘big, beautiful bill’, allowing it to pass the ...

This cap is insufficient to significantly impact the overall affordable housing needs in many communities. To enhance the successful implementation of ADUs, more incentives need to be provided to ...