Tax Policy Center

SALT

State and Local Issues: TaxVox

State Pass-Through Entity Taxes Let Some Residents Avoid the SALT Cap at No Cost to The States

This week, Colorado became the 14 th state to either require or allow some pass-through businesses such as partnerships to pay state income taxes at...
June 24, 2021Kim S. Rueben
State and Local Issues: TaxVox

TPC Analyzes Five Ways To Replace The SALT Deduction Cap

The $10,000 annual limit on the state and local tax (SALT) deduction was one of the most contentious provisions of the 2017 Tax Cuts and...
May 14, 2020Frank Sammartino
State and Local Issues: TaxVox

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 DadayanNoah Zwiefel
State and Local Issues: TaxVox

Did SALT-y Voters Punish Republicans in 2018?

How important was the 2017 Tax Cuts and Jobs Act’s (TCJA’s) cap on the state and local tax (SALT) deduction in the 2018 congressional elections?...
October 8, 2019Noah Zwiefel
: TaxVox

Why Future Tax Reform Must Look Well Beyond Itemized Deductions

For decades, the debate over tax reform has focused on lowering rates and broadening the tax base. That is, curbing or even eliminating the annual...
July 24, 2019C. Eugene Steuerle
: TaxVox

What The Tax Cuts and Jobs Act Means For Tax Expenditures

In a new paper , my former Tax Policy Center colleague Daniel Berger and I calculate that the 2017 Tax Cuts and Jobs Act (TCJA)...
June 5, 2019Eric Toder
: TaxVox

Tax Day Is Here, And State Budget Offices Share Your Fears And Hopes For A Good Return

With Tax Day here, taxpayers are scrambling to finish up their returns—both federal and state (that is, if their state has an individual income tax)...
April 15, 2019Lucy Dadayan
: TaxVox

Treasury Dashes The Charity Workaround For SALT, Also Limits Tax Credit Programs For Private Schools

As warned earlier , Treasury proposed rules to block a state and local tax (SALT) deduction workaround strategy that had been adopted by New York...
August 24, 2018Steven M. Rosenthal
Campaigns, Proposals, and Reforms: TaxVox

The Nation’s Partisan Divide Is Infecting Tax Policy

“Don’t tax me, don’t tax thee, tax that fella behind the tree.” This bit of doggerel, attributed to the late Senate Finance Committee Chairman Russell...
May 30, 2018Howard Gleckman