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The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...
Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...
Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...
The House GOP approved trillions in tax cuts. Here’s how President Trump’s “big bill” could change in the Senate.
The state and local tax deduction – often abbreviated as SALT – was a political flashpoint in the passage of the 2017 Tax Cuts and Jobs Act and is shaping up to be so again in 2025.
The narrow win for the bill, which hikes the deduction for state and local taxes to $40,000, came after Speaker Mike Johnson ...
Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...
A faction of New York's Republican congressional delegation has threatened to reject any tax package that does not give a ...
Republican congressmen, including Long Island's Andrew Garbarino and Nick LaLota, led the fight to increase the state and ...
The issue pits Republicans from high-tax states ... among the 13 Republican House members who voted against the bill. House Republicans, who ultimately prevailed, contended that SALT benefited ...
EXCLUSIVE: A conservative Republican ... the top tax bracket to a 39.6% income tax rate rather than 37% could help pay for higher deduction caps for state and local taxes (SALT).