The changes to the SALT cap agreed to in negotiations after the House Ways and Means Committee passed its tax bill would add ...

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

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

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

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 ...

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

New York City-area Republican members of Congress were able to include a huge increase in property tax deductions in the ...

The bill proposes significant changes to student loan repayment options, Medicaid eligibility and the tax code.

The bill is expected to undergo more changes when it goes to the Senate for final passage. FOX 5 NY's Morgan McKay has more.

The House of Representatives just approved a tax bill that could raise the State and Local Tax (SALT) deduction cap for some ...

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...