Two New York Republicans signaled that the cap on the state and local tax deduction may rise to as much as $80,000 as GOP ...

The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.

but everyone can be satisfied,” Johnson told reporters after a closed-door meeting with New York Republicans who are pushing for a higher State and Local Tax (SALT) deduction cap than the $ ...

Representative Nick LaLota of New York, who has said the legislation’s rollback of Biden-era clean energy tax credits goes too far, was also on hand. So was Representative Andy Harris of ...

“Many Republicans are hoping that the tax bill can blunt the economic damage caused by the Trump tariffs,” Buck wrote in The New York Times ... Instead, what appears to still be on the table are ...

I’m asking for Gov. Hochul to freeze congestion tax for people who are having to drive in [to the city] now,” he said.

But a group of holdout Republicans from high-tax states like New York have demanded an even higher increase to the cap, a challenging prospect for Republican leaders who also need the support of ...

The Joint Committee on Taxation is a nonpartisan committee that, among other duties, produces distribution tables breaking down how different income levels will be impacted by new tax laws.

For my dad, one of those steps was leaving New York for legal residence in Florida and the tax benefits it provided. But my mother, a professional dancer, missed Manhattan, and slowly began to ...