Tax Policy Center

state and local sales tax deduction

Individual Taxes: TaxVox
The Tax Cuts and Jobs Act (TCJA) will reduce the number of itemizers by about 27 million in 2018, mostly because it will substantially increase...
December 21, 2017Howard Gleckman
: TaxVox
Some House GOPers want to help millionaires save for college. Yesterday the House Ways and Means Committee approved a bill to expand the Sec. 529 college savings plan and rejected a Democratic amendment to limit the plans for people earning more than $3 million a year. Bloomberg reports that the
February 13, 2015Renu Zaretsky