A key House Republican who is pushing for a higher cap for state and local tax deductions sought to revive the idea of ...

A federal deduction that could help affluent filers in high-tax states is once again up for debate.

WASHINGTON — Long Island House Republicans are doubling down on their demand that the massive budget bill backed by President ...

The framework of President Trump's "big, beautiful' tax bill is coming into focus. Here is a look at what it will likely ...

Rep. Nick LaLota says raising taxes on top earners would help Trump get the votes he needs to pass his massive tax and ...

A SALT exclusion is different from a deduction. In a deduction, the money you spend on state and local taxes is deducted from your taxable income. So it will only partially reduce your federal tax ...

The GOP's tax and spending bill faces internal hurdles, with the SALT caucus pushing for significant changes. This group of ...

House Speaker Mike Johnson has been holding meetings with the various factions in an effort to reach an agreement.

The GOP's ambitious tax and spending bill faces internal challenges, particularly over the SALT deduction cap. A faction of ...

With much of President Donald Trump’s agenda hinging on the “big, beautiful” budget bill, Republicans in Congress are . . .

In a setback, House Republicans failed Friday to push their big package of tax breaks and spending cuts through the Budget ...

Five Republicans joined all Democrats to reject the GOP's tax and spending package in a House Budget Committee vote.