For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

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

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

Republican lawmakers reached a deal today to raise the cap for the state and local tax deduction, known as the SALT deduction ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...

Republicans make it easier for Democrats to raise state taxes.

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 ...

U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...