House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

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

A bigger SALT deduction, cuts to Medicaid, and new MAGA accounts are in the House GOP’s bill. Here’s how it may impact you.

House lawmakers debated the contours of President Donald Trump’s tax cuts throughout the night as they race to meet a ...

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

The state and local tax deduction is up for consideration again on Capitol Hill. What does it mean for you and your property ...

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

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Trump is also losing patience with a faction of conservative hardliners pushing for deeper cuts to Medicaid health coverage ...

The SALT agreement is an increase from what the ... highest-income 20% of households would receive more than 96% of the tax cut if the cap were fully repealed. Overall, the tentative agreement ...

Federal taxes would increase for many if Congress fails to renew tax cuts, but the legislation favors the rich.

The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.