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

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

Republican lawmakers are floating a range of ideas to pay for an extension of President Trump's Tax Cuts and Jobs Act.

House Republicans have outlined a list of tax options aimed at reforming the U.S. tax code. Here is what taxpayers should ...

Some lawmakers want to see the cap on deductions for state and local taxes or the child tax credit indexed or at least ...

Increased taxes would add to farmers’ current difficulties, as farmers continue to face increasing production expenses and ...

In the modern, deeply partisan era, one of the main ways that Congress can accomplish major policy goals is through reconciliation, a budget process ...

Utah lawmakers are taking aim at residents who register high-priced vehicles in Montana to avoid paying Utah’s sales tax.

They include: While campaigning last year, Mr. Trump proposed scrapping the $10,000 cap on the SALT deduction, which he introduced in his 2017 tax bill. The issue has become increasingly unpopular ...

The Trump tax cuts are set to expire later this year, and that poses a real challenge for policymakers, businesses, and ...

Key menu options include the elimination of the state and local tax (SALT) deduction and major cuts to health care subsidies, which could disproportionately impact middle- to lower-income Americans.

With President Donald Trump back in the White House for a second term, Americans can expect to see major tax-law changes in ...