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 Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

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

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

That may further fuel the intraparty battle over the SALT deduction between GOP lawmakers from high-tax blue states, such as California and New ... The cap had an even greater impact on taxpayers in ...

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or ...

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

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

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

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the country ... out the deduction. The impact is even more dramatic ...