SALT
Latest
-
SALT Cap Repeal Does Not Belong in Build Back Better
Read morePress reports suggest lawmakers are considering adding a two-year repeal of the cap on the deduction for state and local taxes (SALT) to their Build...
-
SALT Cap Repeal Would Be a Costly Mistake
Read moreRecent reports indicate Congress may repeal the $10,000 cap on the State and Local Tax (SALT) deduction in its $3.5 trillion reconciliation bill, with...
-
There is No Such Thing as Progressive SALT Cap Relief
Read moreAccording to media reports, Congress is considering reforming, rather than repealing, the $10,000 cap on the deduction for State and Local Taxes (SALT...
-
Repealing the SALT Cap Would be More Regressive than the TCJA
Read moreRecently, a number of Members of Congress have called for repealing the current $10,000 cap on the state and local tax (SALT) deduction. Many off...
-
Debt Cancellation and SALT Cap Repeal Would Benefit Higher Earners
Read moreIn her recent Washington Post column, Catherine Rampell argues progressives should “be more progressive in an old-fashioned sense: by helping the poor...
-
Loosening the SALT Cap is Poorly Targeted
Read moreThe third COVID-19 relief bill was signed on Friday, and lawmakers are now starting to propose ideas for the next round of stimulus. House Speaker...
-
Repealing SALT Caps Would Cost Another $500 Billion
Read moreThe Ways & Means Subcommittee on Select Revenue Measures is holding two hearings today on limitations to the state and local tax (SALT) deduction...
-
The State and Local Tax Deduction Should Be on the Table
Read moreAs tax reform gets underway, there will be disagreement about which tax breaks should be eliminated or reformed and which should remain. There is a...
-
The Tax Break-Down: The State and Local Tax Deduction
Read moreThis is the first post in a new CRFB blog series The Tax Break-Down, which will analyze and review tax breaks under discussion as part of tax reform...