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

The 'One Big Beautiful Bill Act' proposes a significant change to the SALT deduction, increasing the cap from $10,000 to ...

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

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Rep. Mike Lawler said the lower cap on the federal deduction for state and local tax payments, also known as SALT, has had a “negative impact” on New York. “There were key provisions that ...

When campaigning for reelection last year, Rep. Young Kim told voters she was working to fully repeal the cap on SALT. Kim wasn’t referring to the top of a shaker for a condiment used to flavor ...