Why it Makes Sense that State and Local Taxes are Deductible

Why it Makes Sense that State and Local Taxes are Deductible

Why it Makes Sense that State and Local Taxes are Deductible Stan Veuger | Newsweek State and local taxing power should precede federal taxing power; and, logically, state and local taxes paid should thus be excluded from the federal tax base. The central, federal...
SALT Repeal: Illustrated

SALT Repeal: Illustrated

SALT Repeal: Illustrated Alex Brill | AEIdeas The SALT deduction is the largest itemized deduction and one of the largest tax expenditures in the entire tax code. I estimate that its repeal would raise $1.4 trillion in new revenue over a decade. In the piece for The...