Florida

We Don’t Know If The SALT Cap Is Driving Away Residents Of High-Tax States

Has the $10,000 cap on the state and local tax (SALT) deduction included in the 2017 Tax Cuts and Jobs Act produced a mass migration...

February 10, 2020Lucy Dadayan Noah Zwiefel

: Daily Deduction

Raising or Cutting Taxes: Go Big or Go Home

Did Jeb Bush promise his own tax reform? Kinda. With many other GOP presidential hopefuls vowing bold tax reform, observers were wondering whether the former Florida governor would follow suit in yesterday’s announcement speech. He didn’t. Instead, he merely pledged to “think big,” and promised “a

June 16, 2015Renu Zaretsky

: TaxVox

Wishes, Dreams, and Bittersweet Denials

Be careful what you wish for. Businesses have backed an overhaul of the US tax code for quite some time, but their tune changes when it comes to corporate tax reform in other countries. The Base Erosion and Profit Shifting project, or BEPS, is an effort by the Organization for Economic Cooperation

May 14, 2015Renu Zaretsky

: TaxVox

Votes and Consequences

With Congress away, the Daily Deduction will not publish for the rest of the week. We’ll be back as usual on Monday, December 1. Happy Thanksgiving! In California, a tax increase breeds a budget battle and tuition hike. In 2012, Democratic Governor Jerry Brown successfully campaigned for reelection

November 24, 2014Renu Zaretsky

: TaxVox

Rules, Reform, Taxes and Wealth: No Harm in Trying?

Maybe the duck will walk again? Lawmakers are putting down their markers on anti-inversion legislation. Top Senate Democrats Dick Durbin and Chuck Schumer have introduced a bill to curb “earnings-stripping” by multinational corporations—a practice where firms maximize U.S. tax deductions for

September 11, 2014Renu Zaretsky