Gillibrand, LaLota, Suozzi say lifting the $10,000 federal income tax cap on state and local tax deductions, or SALT, is the ...

The Trump administration laid out Thursday his tax priorities in a meeting with GOP lawmakers, advocating for an end to the ...

“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...

The 2017 tax reform capped at $10,000 the amount of state and local tax (SALT) payments that can be deducted from federal income taxes. Before then, the unlimited SALT deduction was an unlimited ...

Eight years after President Trump imposed the SALT cap, a handful of Republicans plan to buck their own party to fix it.

The Tax Policy Center (TPC) recently published analyses of several options to raise the $10,000 State and Local Tax (SALT) ...

Trump Will Seek to End Carried Interest, Expand SALT in Tax Bill White House unveils additions to tax priorities as talks begin Trump seeks to end tax breaks for billionaire sports owners ...

Congress is discussing losing the cap on SALT deductions. California's wealthy would enjoy a tax break, but its corporations might pay more.

President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including ending the carried interest tax break used by private equity fund managers and expanding the state ...

(Bloomberg) -- President Donald Trump outlined his tax priorities in a meeting with Republican lawmakers, including ending the carried interest tax break used by private equity fund managers and ...

Rep. Nick LaLota (R-NY-01) has announced a five-member coalition that pledges to block any federal deal on a tax bill unless ...

President-elect Donald Trump told House Republicans on Saturday to negotiate a “fair number” on the controversial $10,000 cap on state and local tax deductions, also known as SALT, a Politico ...