The State and Local Tax (SALT) deduction has been a pivotal aspect of the U.S. tax system, especially impacting taxpayers in ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

A proposal to increase the cap from $10,000 ... in some New Jersey towns in 2024 was more than double the $10,000 SALT deduction limit, including Demarest at $24,736, Montclair at $21,631 and ...

A proposed $40,000 cap on the SALT deduction reignites debate over who benefits most, especially in high-tax states.

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

As reported on May 16, 2025, the SALT cap proposal contained in the legislation that was pending in the U.S. House of ...

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

Issues over tax relief for blue state Republicans are coming to a head as the GOP crafts President Trump's "big, beautiful ...

The Republican lawmaker said a budget bill with a SALT deduction cap as low as $30,000 would not get her support.

A key tax deduction is tripling under a new proposal in Congress, but it’s not enough for some Republicans, threatening President Donald Trump’s legislative agenda. The House Ways and Means ...