Senate Majority Leader John Thune believes the deal that led the US House to increase the maximum deduction for state and ...

Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

Moderate House Republicans from high-tax blue states are warning senators that they will not give the “big, beautiful bill” a final stamp of approval if they change their proposal for the state ...

Senate Republicans plan to lower the SALT cap, which limits how much earners can deduct for state and local taxes.

Speaker Johnson is now staring down Senate tax writers who are doubling down on threats to scale back his carefully ...

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 ...

The House-approved tax bill could end the popular ‘SALT’ deduction workaround for certain pass-through businesses. Here’s ...

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