U.S. Rep. Elise Stefanik said she was the “deciding vote” on a megabill that quadrupled the maximum state and local tax ...

The future of President Donald Trump's "Big Beautiful" federal spending bill could come down to SALT tax deductions.

If the House provision is enacted, the SALT cap would rise to $40,000, up from $30,000 in the previous plan, and phase out ...

Senate Majority Leader John Thune has argued that the ability to write off state and local taxes only benefits homeowners in ...

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

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

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

Several New York House Republicans are taking rapid credit for a $40,000 SALT cap passed in the budget bill early on Thursday ...

The current cap is $10,000 for the state and local property tax deduction. A previous proposal would raise it to $30,000 ...

They're brightly colored, packed in enticing boxes and often marketed as healthy -- but many cereals today are actually less ...