The Senate’s new SALT switcheroo, plus changes in the alternative minimum tax (AMT), would cost $325 billion on net, according to the Committee for a Responsible Federal Budget (CRFB).

Senate Republicans are coming around to the $40,000 cap on state and local tax deduction key House lawmakers demand in ...

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

Notably, by changing the bill, the total Senate bill will cost $37 billion more than it would have, according to the Joint Committee on Taxation.

Senate make a 180-turn, raising the SALT cap and reviving a loophole that allow rich Americans in high-tax states save money, experts say.

The Republican megabill cuts trillions in taxes, while scaling back spending on Medicaid and other federal programs. It now ...

The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the ...