A U.S. House bill proposes raising the federal deduction cap for state and local taxes (SALT) to $40,000, potentially ...

“The SALT deduction is a mechanism for socializing ... 2017 bill it was higher than that before it resulted in a negative impact).” Bahnsen goes on to warn that, due to the way the House ...

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

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new Republican tax bill.

The budget bill passed by the House includes a provision to quadruple the state and local tax deduction, a boon for some ...

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

President Donald Trump’s tax bill has cleared the House and is now making its way through the Senate. Here is a breakdown of ...

Republican lawmakers in the House appeared to have reached a new agreement late Tuesday on the state and local tax deduction, ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

Trump’s Big Beautiful Bill has generated plenty of headlines, but it’s important to assess how major policies like this one ...

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate ...