House Speaker Mike Johnson offered GOP holdouts a detailed proposal on Monday to set the SALT deduction cap at $40,000 for ...

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

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

Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.

The new version of the Trump tax bill would raise the state and local tax deduction cap to $40,000, in an effort win over a ...

Speaker Mike Johnson (R-La.) and moderate Republicans have zeroed in on an agreement for the state and local tax (SALT) ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

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

President Donald Trump is growing frustrated with demands to significantly boost the cap on the state and local tax deduction ...

Limiting the SALT cap to a low level and including an upper-income limit would limit revenue loss and maintain progressivity.

The outcry against the low $10,000 SALT deduction limit ... the cap, New Yorkers making $500,000 could deduct tens of thousands of dollars in state and local taxes from federal taxable income ...