The Tax Cuts and Jobs Act, signed into law by former President Donald Trump in December 2017, represented the most ...

State and local taxes were a major focal point of the reconciliation negotiations, exposing that Republicans' troubles didn't ...

The current $40,000 SALT cap that was brokered appears likely to stay as any changes would undoubtedly cost votes from the SALT Republicans.

The $40,000 cap would begin this year, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.

On a late February evening, President Trump sealed the deal for the first vote on his “one big, beautiful bill” with a ...

The Republican party is heralding its new tax legislation as a win for middle income Americans. But the most substantial tax ...

It was a key sticking point among Republicans in the House when the spending bill was under discussion this spring.

It’s crunch time for negotiations over the state and local tax (SALT) deduction cap. After a high-stakes meeting with Treasury Department Secretary Scott Bessent on Wednesday, House Republicans in the ...

WASHINGTON (AP) — Senate Republicans on Monday proposed deeper Medicaid cuts, including new work requirements for parents of teens, as a way to offset the costs of making President Donald Trump’s tax ...

President Trump is scheduled to sign the bill into law at 4 p.m. on July 4 at the White House, locking in tax reductions and ...

The group has been connected to intrusions into U.S. mobile networks and the hacking of dozens of high-profile U.S. officials.