Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

The Senate proposes raising the SALT cap to $40,000 in 2025, a measure that would primarily benefit higher-income taxpayers.

America's takeaway from this should be to laugh hysterically the next time Republicans claim to be the party of responsible ...

What made the cut—from SALT to no tax on tips—and what didn’t.

At some 887 pages, the legislation is a sprawling collection of tax breaks, spending cuts and other Republican priorities, ...

The "One Big Beautiful Bill Act," which advances Trump’s second-term priorities on tax cuts, energy, and the border, now heads back to the GOP-led House.

The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from ...

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding ...

Speaker of the House Mike Johnson (R-Louisiana) and his lieutenants still have work to do with the House to meet a July 4 ...

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

In a narrow vote Tuesday, the Senate passed its version of the massive Republican tax and spending bill. Here's what would ...

By ending tax credits for wind and solar power, Senate Republicans may have jeopardized billions in investments in their own ...