Baked into House Republicans’ sweeping tax package is an increase to the federal deduction for state and local taxes, a change that top earners will likely benefit the most from.  Republicans in the ...

The tax bill passed by the House of Representatives on May 22, called the “One Big Beautiful Bill Act,” has more than 1,000 ...

Congressional Republicans are moving quickly to pass a mammoth tax and spending cuts package that could have a direct impact ...

The big, beautiful tax bill sets back tax policy by a decade, and it facilitates the continuation of reverse tax ...

The 'One Big Beautiful Bill Act' aims to increase the SALT deduction cap from $10,000 to $40,000, promising relief for ...

The "one big, beautiful bill" includes a new tax break for coastal elites. It's a deduction for up to $40,000 of state and ...

Democrats publicly blasted the Trump administration. Meanwhile, Republicans worked behind the scenes to keep some parks open ahead of Memorial Day.

The House bill includes SALT cap increases, changes to Medicaid and SNAP and new rules to claim child tax credits.

Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and ...

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own ...

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for ...

The 1,116-page bill the House passed early Thursday morning to enact President Trump’s ambitious legislative agenda faces a ...