Few tax matters have as many enemies as the so-called SALT deduction, the ability to deduct from your federal income taxes ...

U.S. President Donald Trump's sweeping tax bill faced a major political test on Friday, as Republican leaders tried to ...

Republican infighting in the US House is threatening to sink President Donald Trump’s legislative agenda as competing ...

Wealthy Americans and business investors are among the big winners in GOP draft tax legislation, while immigrants and elite ...

Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.

For as long as Americans have paid federal income taxes, they’ve been able to subtract some of what they pay to their state ...

The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...

House Republicans are eyeing a vote on the final package before Memorial Day, even as they have yet to reach consensus on ...

House Republicans’ release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what ...

The proposed House GOP tax bill raises ‘SALT’ deduction cap to $30,000 for most taxpayers. Here’s who would benefit the most, ...

Failure to push the package out of the Budget Committee would be a setback for Speaker Mike Johnson, who insists Republicans ...

A plan to increase state and local tax deductions was immediately rejected by a small but determined GOP “SALT caucus,” ...