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T21-0281 - Repeal $10,000 Limit on Deductible State and Local Taxes (SALT) for those with Adjusted Gross Income less than $400,000, by Expanded Cash Income Percentile, 2021

Table shows the change in the distribution of federal taxes relative to current law from repealing the $10,000 limit on deductible state and local taxes (SALT) for those with adjusted gross income (AGI) less than $400,000, by expanded cash income percentile in 2021. The phase in limit would be between $400,000 and $500,000 of AGI.

November 17, 2021