News

In a phone call, Smith told the Washington Examiner that he expects only marginal changes from the Senate, which is now ...
House Republicans have passed their “One Big Beautiful Bill Act”—that’s indeed the title—to be sent to the Senate for ...
Raising the SALT cap to $40,000 would mostly help high earners, fueling debates over tax fairness and state-federal revenue ...
Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...
There’s a bit of 2017 déjà vu for the GOP Congress member, with one big difference: He’s in a safe district now.
Rep. Mike Lawler backed legislation that would quadruple the SALT deduction on federal taxes from $10,000 to $40,000.
Senate Republicans are staring down a collision course with the House as they weigh possible changes to the state and local tax (SALT) deduction cap as part of larger revisions to the party’s ...
New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the ...
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 ...
SALT allows taxpayers to deduct state and local taxes, including property tax, from their federal tax bill if they itemize ...
The tax provisions of the House Republican reconciliation bill double down on the failures of the 2017 tax law, which was ...
The U.S. House early Thursday approved the “big, beautiful bill” that Republican leaders spent months negotiating with ...