A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

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

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level ...

The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

The issue pits Republicans from high ... tax states against fiscal hardliners. The future of President Donald Trump's "One Big Beautiful Bill" that would fund his second-term agenda could depend ...

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

Proposed changes to the SALT deduction cap could deliver significant tax relief to many Americans, especially higher earners ...

A bit of late-surfacing fine print might yet throw negotiations over President Donald Trump’s Big Beautiful Bill into chaos, ...