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Raising the SALT cap to $40,000 would mostly help high earners, fueling debates over tax fairness and state-federal revenue ...
A bipartisan group of lawmakers wants to increase the state and local tax deduction cap but disagree on how high to push it.
The fight has pitted the GOP's top tax writer against a determined bloc of House Republicans from high-tax states. It has ...
The SALT deduction cap should be $0. People should not be able to deduct their state and local tax burdens from their federal ...
The House bill now headed to the Senate will make it difficult if not impossible for clean energy companies to consider new ...
“We’ve negotiated in good faith on SALT from the start—fighting for the taxpayers we represent in New York. Yet with no ... and I think we’ll find the right point,” Johnson said.
Lawmakers' inability to resolve the issue so far is part of what's stalling the GOP megabill loaded with President Donald ...
“We’ve negotiated in good faith on SALT from the start—fighting for the taxpayers we represent in New York. Yet with no ... and I think we’ll find the right point,” Johnson said.