Fully repealing the SALT cap would disproportionately help the richest of the rich, with the 1% getting 43% of the benefit.

Democrats on the committee introduced a series of amendments aimed at increasing the top marginal tax rate to its pre-2017 level of 39.6%, closing the carried-interest loophole, and blocking any tax ...

House Republicans passed a bill to permanently extend the 2017 tax law, including no tax on tips, no tax on car loan interest ...