SALT

The $10,000 cap on the state and local (SALT) deduction was introduced as part of the Tax Cuts and Jobs Act as a means to broaden the individual income tax base and partially fund reductions in statutory tax rates.

Featured Research

Who Benefits from the State and Local Tax Deduction?

January 25, 2021

Taxes and New York’s Fiscal Crisis: Evaluating Revenue Proposals to Close the State’s Budget Gap

December 8, 2020

Top Rates in Each State Under Joe Biden’s Tax Plan

October 20, 2020

A Carbon Tax to Make the TCJA’s Individual Provisions Permanent

September 30, 2020

Analysis of the “SALT Act”

March 11, 2019

Eliminating the SALT Deduction Cap Would Reduce Federal Revenue and Make the Tax Code Less Progressive

January 4, 2019

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Rhode Island Entity-Level Tax Proposal Raises Legal and Practical Concerns

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Eliminating the SALT Deduction Cap Would Reduce Federal Revenue and Make the Tax Code Less Progressive

The TCJA Cuts Taxes Across Every Income Level and Congressional District

The Benefits of the State and Local Tax Deduction by County