The Republican's 'big, beautiful bill' brings the State and Local Tax (SALT) deduction back into focus. With proposed changes ...

Republicans from high-tax blue states want a higher cap for the state-and-local tax deduction.

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 "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

The House Ways and Means Committee voted 26-19 to approve the tax part of the legislation after a marathon markup meeting ...

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).

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.

It comes as various House Republican factions are locked in high-stakes debates on taxes, Medicaid ... tax rate rather than 37% could help pay for higher deduction caps for state and local taxes (SALT ...

As Republicans move closer to passing their $4 trillion tax bill, one provision is proving to be an outsize obstacle: The state and local tax deduction known as SALT. The deduction allows those ...