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 ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

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

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

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...

Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may ...

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

Trump is trying to unify divided House Republicans on the multitrillion-dollar package that is at risk of collapsing.

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

New York's political leaders are trading barbs over a provision in President Donald Trump's "big, beautiful" budget bill that ...