Residents of high-tax states suffered the most with the previous cap on state and local taxes (SALT), because their taxes far exceeded the cap, they were not able to deduct the full amount like residents in low-tax states.
"The case confirmed that home equity is protected by the Constitution," said Christina Martin, senior attorney at Pacific Legal Foundation. This ruling safeguards homeowners' rights against extreme tax-related losses.
According to data from the Altus Group, 50 pubs a month are closing across England and Wales, with a total of 472 closures in the last year.