During the recently completed presidential campaign, Donald Trump promised to lift the controversial $10,000 cap on state and ...

The Republican Party’s takeover of the federal government means that the cap on state and local tax deductions, widely ...

During his presidential campaign, Donald Trump raised hopes that he would swiftly bring back a popular deduction for state ...

The sweeping legislation made some changes permanent—like corporate tax cuts—but others are set to expire at the end of 2025.

House Republicans appear likely to win a very slim majority in the House, which could prove helpful to the handful of GOP ...

Several of New York's House Democrats are calling on President-elect Donald Trump to follow through on a campaign promise to ...

During his campaign, President-elect Donald Trump vowed to lift the controversial $10,000 state and local tax deduction cap (SALT) Congress instituted in 2017. “I will turn it around, get SALT back, ...

While the TCJA capped the SALT deduction at $10,000 and the MID at $750,000, both are also due to expire. Making all of the worthy tax cuts would cost about $2.2 trillion over the next decade in ...

During the recently completed presidential campaign, Donald Trump promised to lift the controversial $10,000 cap on state and local property tax deductions, known as SALT, if he regained the White ...

Republicans have so far ignored the entreaties from blue-state Democrats to raise the cap on SALT deductions. But with a small Republican majority, the small group of pro-SALT GOP lawmakers might ...

Trump’s 2017 Tax Cuts and Jobs Act included a $10,000 cap on SALT deductions, and lawmakers in high-tax jurisdictions such as New York and California have been adamant about raising or ...