Trump put the cap in place when president. It limits to $10,000 how much taxpayers can deduct on federal returns for state ...
I take President Trump at his word and will hold him accountable for his promise to eliminate the SALT cap,” said Rep. Tom ...
Analysts say repealing the 2017 measure that has increased federal taxes on Long Island is complex, uncertain.
Unlike most tax-policy disputes, the $10,000 cap on state and local tax deductions breaks along regional lines, not just partisan ones.
In New York, it’s 10.9%. Wealthy individuals often pay hefty amounts in property taxes too. In 2017, Trump’s Tax Cuts and Jobs Act capped the SALT tax deduction at $10,000. In 2022 ...
Incumbent Rep. Mike Lawler has been reelected to New York’s 17th Congressional District, beating Mondaire Jones in a highly ...
Rep. Tom Kean Jr., a Republican, retains his seat as representative for the state's 7th Congressional District.
Donald Trump is the master of delivering catchy, extreme sound bites that stick in voters’ minds ...
New York Governor Kathy Hochul and Attorney General Letitia James have signaled strong opposition to President-elect Donald Trump’s ...
The race between Incumbent Nick LaLota and Challenger John Avlon is now razor thin after Donald Trump's rally on Long Island and the rise of Kamala Harris in the polls.
New York’s budget outlook brightened this week with a $2.4 billion surplus, driven by Wall Street profits, though Gov. Kathy ...