Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a ...

The bill now faces a difficult test of making it through a Republican-controlled Senate with different preferences and ...

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

House Republican leaders released a new version of President Donald Trump’s massive tax and spending bill with a higher limit ...

President Donald Trump failed during a visit Tuesday to Capitol Hill to sway key Republicans from blue states to drop ...

If passed by the Senate, the new expanded SALT cap would benefit millions of big earners in high-tax states, including New ...

The Joint Committee on Taxation, Congress’s in-house tax scorekeeper, released the much-anticipated score for the tax portion of the reconciliation bill.

A key Republican involved in negotiations says party leaders are exploring limiting the state and local tax deduction to families making under $400,000 in a bid to curb the cost.

President Donald Trump’s campaign tax pledges — no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors — are the centerpiece of a multitrillion dollar package that will ...

President Donald Trump’s “One Big Beautiful Bill Act,” which narrowly passed through the House of Representatives early ...

The president urged Republicans repping high-tax states including New York to accept a $30,000 deduction cap for now, but the ...

More: Treasury bond yields are surging as the Trump tax bill progresses ... cap on state and local tax deductions, also known as SALT, which allows people to write off a portion of their local ...