Lawmakers are divided over how to deal with the state and local tax deduction or SALT, after the House passed its version of the Republican spending bill last week. The cap tends to impact Americans ...

The tax landscape for millions of Americans is about to undergo a significant shift with proposed changes to the state and ...

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers.

Breaking that out more, 20% of taxpayers in California’s 40th Congressional District — represented by Kim, it covers eastern ...

The 'One Big Beautiful Bill Act' proposes a significant increase in the SALT deduction cap, aiming to aid taxpayers in ...

Few states have more riding on the future of the SALT deduction than New York. With some of the highest property taxes in the ...

Rep. Mike Lawler said the lower cap on the federal deduction for state and local tax payments, also known as SALT, has had a “negative impact” on New York. “There were key provisions that ...

When campaigning for reelection last year, Rep. Young Kim told voters she was working to fully repeal the cap on SALT. Kim wasn’t referring to the top of a shaker for a condiment used to flavor ...