Senate Republicans passed changes to the federal deduction for state and local taxes, known as SALT. Here's how the SALT deduction cap would affect you.

The SALT deduction cap is proving to be a major sticking point between House and Senate Republicans. Experts say expanding the cap will largely benefit wealthy American taxpayers.

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.

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House Republicans, Senate Republicans and the White House are close to a deal on the state and local tax (SALT) deduction cap, a key hurdle in President Donald Trump's tax and spending megabill.

The state and local tax deduction, which primarily benefits wealthier Americans in high-tax areas, was one of the most disputed provisions of Trump’s tax-and-spend bill.

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As Senate Republicans release key details of President Donald Trump’s spending package, some provisions, including the federal deduction for state and local taxes, known as SALT, remain in limbo ...

NY reps warn Senate version of ‘big, beautiful’ bill will be ‘dead on arrival’ if SALT cap lowered to $10K ...

A Republican-controlled Senate committee rolled back the SALT deduction cap to $10,000 in its first draft of Trump's budget bill, despite the $40,000 negotiated by a group of GOP House members.