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A higher cap on the deduction for state and local taxes is one element of Trump’s Big Beautiful Bill that Gov. JB Pritzker ...
Sen. Markwayne Mullin helped navigate SALT deduction caps and Byrd rule complexities as the de facto liaison between Senate ...
Congress passed a giant tax bill that includes the Senate's SALT changes that allow rich Americans in high-tax states to save money, experts say.
Intraparty squabbles over whether to raise the state and local tax cap revealed a harsh truth for Republicans: Just because there is a GOP trifecta does not mean all of its members agree on how to ...
All eyes are now on the House after the Senate narrowly passed a major tax cut and spending bill that is the centerpiece of President Donald Trump's agenda.
Republican leaders are stepping on the gas to get the giant budget package to President Donald Trump's desk before his July 4 deadline.
WASHINGTON (AP) — Senate Republicans appeared Friday to push President Donald Trump’s big bill back on track after a flurry ...
Higher federal income tax offsets for state and local tax payments have morphed into a mostly upper-middle-class political ...
Sen. Markwayne Mullin (R-Okla.) briefed his colleagues on talks he’s brokering with House Republicans on raising the state-and-local-tax deduction cap, known as SALT. Mullin signaled afterward he ...
Senate Republicans coalesced to pass President Donald Trump's colossal "big, beautiful bill" early Tuesday morning, which would save Americans from enduring a 22% tax hike, according to the GOP.