The high-tax states aren’t represented by Republicans in the Senate, and the bill is predicted to be extremely costly.

The SALT cap has been perhaps the most vexing policy consideration for the Senate’s GOP tax writers. The current $10,000 SALT ...

Republican senators are considering placing a $30,000 cap on the state and local tax deduction as a compromise between ...

Republicans in the Senate are reportedly plotting changes to the cap on state and local tax deductions included in the ...

The tax deduction was crucial to getting the bill through the House. Senate action would set up a showdown with blue state ...

Johnson was able to secure the support of moderate Republicans by raising the SALT cap and a Senate-approved reduction may ...

With Congress considering changes to the SALT cap, Goldman Sachs’ analysis found that high-income earners are continuing to ...

President Trump’s domestic agenda bill is spurring a debate over whether blue states are subsidizing red states. After a successful pressure campaign from blue-state Republicans, the House version ...

Senate Republicans indicated on Wednesday they are prepared to reduce the size of a key tax deduction in President Trump’s “big, beautiful bill” that was backed by moderates in the House, setting ...

President Donald Trump told Senate Republicans he is open to a state and local tax deduction cap lower than the $40,000 in ...

As the Senate debates the “One, Big, Beautiful Bill,” Americans should brace for a larger federal budget deficit and national debt. We’re talking trillions of dollars. One notable aspect of ...