Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

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

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners ...

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the ...

Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact on millions of Americans and drastic consequences for the economy.

The real estate industry panicked when deductions for state and local taxes were slashed, but the new tax bill would bring ...

Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.