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

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

Lawmakers are close to a deal that would raise the SALT cap to $40,000—offering potential tax relief for homeowners in ...

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 ...

The bill is expected to undergo more changes when it goes to the Senate for final passage. FOX 5 NY's Morgan McKay has more.

The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...

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

Republicans in the House of Representatives have reached a deal to raise the cap on the federal deduction for state and local ...

One of the most important sticking points in negotiations about President Donald Trump’s signature tax-and-spending bill is ...

In a battle of New Yorker vs. New Yorker, Senate Democratic Leader Chuck Schumer (N.Y.), a resident of Brooklyn, accused ...