The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT ...

President Trump previously made a promise to eliminate federal taxes on Social Security benefits, and while the bill doesn't ...

As the Senate debates the “One, Big, Beautiful Bill,” Americans should brace for a larger federal budget deficit and national ...

Think of the deductibility of SALT as a subsidy for big government at the state and local levels. It helps mayors and ...

G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

As the Senate considers next steps for the House-passed “big, beautiful” tax bill, the battle lines have been drawn for a ...

With Congress considering changes to the SALT cap, Goldman Sachs’ analysis found that high-income earners are continuing to ...

The House of Representatives passed its version of the fiscal year (FY) 2025 budget reconciliation bill on May 22 by the narrow margin of 215 to 214, with one Member voting present. The bill, titled ...

No one is calling for a return of the country club dues tax deduction, but even conservatives say that’s more defensible than ...

The Senate is working to pass the One Big Beautiful Bill Act, a bill that would extend and expand Trump’s tax cuts, increase ...