The Senate proposal also includes a temporary tax break for older Americans: a $6,000 deduction for individuals age 65 and ...

The proposals from Republicans keep in place the current $10,000 deduction of state and local taxes, called SALT, drawing ...

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

Republicans must overcome intraparty divides to get legislation to Trump’s desk by July 4 target.

The Senate GOP’s sweeping tax bill would keep a popular property tax deduction limited to $10,000, drawing the ire of ...

After weeks of negotiations, it's unclear whether Republican senators are any closer to finding the votes to approve the ...

Senate Republicans have largely opposed increasing the cap, arguing that the deductions only favor wealthy homeowners in high ...

A deal reached in the House to raise the SALT deduction could be in danger in the Senate. The U.S. Capitol is seen as ...

The SALT cap fight intensifies as Senate maintains the $10,000 limit despite House approval of $40,000. Property owners in ...

Moderate House Republicans from high-tax blue states are seething at the Senate’s proposal to keep the state and local tax (SALT) deduction cap at $10,000, setting the stage for a showdown over ...

“In the Senate, at least, there isn't a high level of interest in doing anything on SALT,” Senate Majority Leader John Thune ...