The State and Local Tax (SALT) deduction is a rule that helps people lower the amount of federal taxes they owe. It lets you ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.

When it comes to the new federal budget, I don’t want a SALT deduction. I want a SALT exclusion. I want a dollar-for-dollar ...

The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

Republicans on the House tax committee have proposed raising the state and local tax cap from $10,000, but nothing is set in ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...