Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save ...

Senate Republicans’ tax bill raises the "SALT" deduction cap to $40,000. Here's who could benefit from the change.

The Senate has approved a significant change to the State and Local Tax (SALT) deduction, raising the limit to $40,000. However, this adjustment will not benefit all taxpayers. The measure, part of ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

This move marks a reversal in policy on SALT deductions, one of the most contentious features of the 2017 Tax Cuts and Jobs Act.

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

Republicans are set to meet behind closed doors Saturday afternoon to test support.

It doesn’t appear that the Senate will be able to peel that $40,000 cap back too much, given how dug in the SALT Republicans are.

The Senate’s version of the One Big Beautiful Bill Act reverts the SALT cap to $10,000, a stark contrast from the barely passed House version of the bill, which raised the cap to $40,000.

There’s currently a $10,000 limit on the federal deduction for state and local taxes, known as SALT. As part of President Donald Trump’s megabill, Senate Republicans on Tuesday passed a SALT ...