#high-tax-states

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#salt-deduction
US politics
fromwww.housingwire.com
2 months ago

Higher SALT deductions could drive up home prices

Trump's tax changes capped SALT deductions at $10,000, creating disparities for taxpayers.
Certain states allow business owners to circumvent SALT deduction limits, saving billions.
Homeownership attractiveness may improve with higher SALT deductions, but revenue impacts loom.
Debate continues over SALT changes, focusing on wealth disparities and fiscal consequences.
fromLos Angeles Times
7 months ago
Left-wing politics

Trump says he would uncap the state and local tax deduction, a California favorite

Trump aims to reinstate the SALT deduction cap and other tax breaks, impacting middle-class workers in high-tax states like California.
US politics
fromwww.housingwire.com
2 months ago

Higher SALT deductions could drive up home prices

Trump's tax changes capped SALT deductions at $10,000, creating disparities for taxpayers.
Certain states allow business owners to circumvent SALT deduction limits, saving billions.
Homeownership attractiveness may improve with higher SALT deductions, but revenue impacts loom.
Debate continues over SALT changes, focusing on wealth disparities and fiscal consequences.
fromLos Angeles Times
7 months ago
Left-wing politics

Trump says he would uncap the state and local tax deduction, a California favorite

Trump aims to reinstate the SALT deduction cap and other tax breaks, impacting middle-class workers in high-tax states like California.
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