Raising the SALT cap to $40,000 would mostly help high earners, fueling debates over tax fairness and state-federal revenue ...

The GOP-backed 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction limit, aiming to appease ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

Raising the current $10,000 cap on the State and Local Tax (SALT) deduction would primarily benefit high earners ...

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

Republicans’ tax-and-spending cut package faces a number of hurdles in its path to President Trump’s desk, but the state and ...

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

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

The budget bill passed by Congress raises the SALT deduction cap from $10,000 to $40,000, affecting taxes in New York.SALT ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the country and a high-income tax rate layered on top, New York residents ...

SALT today is portrayed as a subsidy to high-tax states and as regressive in that it disproportionately benefits higher-income households, Thorndike noted. In 2020, the SALT deduction was claimed ...