The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...

The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax ...

“In the Senate, at least, there isn't a high level of interest in doing anything on SALT,” Senate Majority Leader John Thune ...

Blue state House Republicans sounded the alarm Monday following reports that a hard-fought increase to the state and local tax (SALT) deduction cap would be nixed by Senate GOP taxwriters in ...

A Republican-controlled Senate committee Monday rolled back the SALT deduction cap to $10,000 in its first draft of President Trump’s sprawling budget bill, a dramatic reversal from the $40,000 ...

A plan championed by Republicans from New York in Congress to quadruple the current $10,000 cap on the federal deductibility ...

They’re getting SALT-y. Blue state Republican reps railed against rumored Senate plans to lower the state and local tax deduction (SALT) cap back down from the House-negotiated level of $40,000 ...