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Although the deal is not done yet, House Speaker Mike Johnson and a group of GOP lawmakers mostly from the New York suburbs ...
Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...
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House Speaker Mike Johnson reached a tentative deal with blue state GOP lawmakers on Tuesday to boost the cap on state and ...
U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...
This federal deduction for state and local taxes — the SALT deduction, for short — has a big influence on how the tax burden is divided. It tends to help taxpayers in wealthier, more urban ...
Republicans make it easier for Democrats to raise state taxes.
The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...
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