A popular tax break used in high-tax states like New Jersey would be capped under a deal reached over the weekend by ...

President Donald Trump amped up pressure on Congress to speed passage of his tax-cut bill as Republicans reached a tentative ...

The Senate's version of the One Big Beautiful Bill takes the shine off some of Trump's most popular promises. Here's why.

An AICPA statement after the bill was issued by the Senate Budget Committee lauded lawmakers for “diligent work to reject new ...

Moderate House Republicans from high-tax blue states and the Trump administration are zeroing in on an agreement for the ...

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.

The U.S. House of Representatives passed its version of Trump's tax plan, which, if approved, would raise the SALT cap from ...

Speaker Mike Johnson (R-La.) and Treasury Department Secretary Scott Bessent said negotiations over the state and local tax ...

Which is why the true aim should be a SALT credit. Anything to localize spending and taxing as much as possible. There’s your ...

President Trump on Friday urged Congress to move faster on his tax bill after negotiators reached a provisional agreement on ...

Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers who itemized ...

Sen. Ron Johnson replies to the editorial board.