Tax Policy Center

SALT deduction

Individual Taxes: TaxVox
Repealing the SALT Deduction Cap Would Largely Benefit High-Income Households, TPC Finds Only about 9 percent of households would benefit from repeal of the Tax...
September 24, 2018Howard Gleckman
: TaxVox
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
State and Local Issues: TaxVox
Four blue states filed a lawsuit yesterda y, claiming that the Tax Cuts and Jobs Act’s limitation on the state and local tax (SALT) deduction...
July 17, 2018Howard Gleckman
: TaxVox
Yesterday, the IRS issued a notice warning states that are contemplating one workaround to the Tax Cut and Jobs Act’s (TCJA) $10,000 annual limit on...
May 24, 2018Steven M. Rosenthal
State and Local Issues: TaxVox
Cities and counties all over the US have been offering Amazon billions of dollars in tax cuts to lure...
May 9, 2018Howard Gleckman
: TaxVox
By roughly doubling the standard deduction and limiting the deduction from federal taxable income of state and local taxes (SALT), the Tax Cut and Jobs...
May 9, 2018C. Eugene Steuerle
: TaxVox
In red states like Oklahoma , Kentucky , and West Virginia , teachers forced legislators to confront how low-tax policies have starved their education systems...
April 20, 2018Vanessa Williamson
State and Local Issues: TaxVox
The Tax Cuts and Jobs Act will cut individual income taxes for about two-thirds of US households in 2018, by an average of about $1,300...
March 28, 2018David Weiner
State and Local Issues: TaxVox
As states continue to search for ways to protect their residents from the Tax Cuts and Jobs Act’s (TCJA) limits on the federal deductibility of...
February 27, 2018Howard Gleckman
: TaxVox
The Tax Cuts and Jobs Act (TCJA) limited the ability of taxpayers to deduct state and local taxes (SALT) from their federal taxable income. New...
February 15, 2018Tracy Gordon