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 "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.

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

Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...

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 ...

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

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

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