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T24-0017 – H.R.7160, SALT Marriage Penalty Elimination Act, As Introduced, by ECI Percentile, 2023

Table shows the change in the distribution of federal taxes, by expanded cash income level in 2023, of the proposal to increase the limit on deductible state and local taxes to $20,000 for married couples filing jointly with adjusted gross income of less than $500,000 in H.R. 7160, SALT Marriage Penalty Elimination Act, as introduced.

February 1, 2024