The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

At the same time, their moderate counterparts desire greater tax relief for those states with higher state and local tax ...

Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.

A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...

Republican infighting in the US House is threatening to sink President Donald Trump’s legislative agenda as competing ...

The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

The GOP “moderates” pushing a big SALT deduction for wealthy folks are contributing to the big Medicaid cuts they say they ...

House Republicans’ release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

In a setback for Donald Trump, his fellow Republicans in the House of Representatives have failed to pass the president's ...