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 House has passed the president’s tax bill. Now the Senate can make it less fiscally reckless.

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

There’s a bit of 2017 déjà vu for the GOP Congress member, with one big difference: He’s in a safe district now.

California Republicans were pleased that lower- and middle-income residents will be able to deduct more of their state and local taxes, or SALT. The deduction, now capped at $10,000, would rise to $40 ...

Senate Republicans say they’re going to rewrite the 1,116-page bill the House narrowly passed Thursday to enact President Trump’s agenda. Speaker Mike Johnson (R-La.) urged GOP senators at a ...

Some tax relief for the wealthy and tipped workers is overshadowed by billions in public benefits cuts poised to force New ...

There are as many factions among Republicans in the upper chamber as in the House. Both chambers have to agree on the final ...

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

A key issue just entered the next NY governor's race with two potential Republican contenders voting for a bill Gov. Kathy Hochul blasted as harmful.

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

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