House lawmakers on Thursday morning passed changes for the federal deduction for state and local taxes, known as SALT, as ...

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

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

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

Some Republicans and Democrats are fighting over how much state and local tax (SALT) people can deduct. It has now put a ...

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

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

One of the most contentious issues in the “big, beautiful" tax bill is how much to raise the state and local tax deduction, or SALT, for tax filers. Here's what that means.

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

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