Recent SALT deduction changes mainly benefit married couples in high-tax states, raising questions about fairness and economic impact.

Federal taxpayers in fiscally responsible states were subsidizing the excesses of states that refused to rein in their own tax-and-spend habits.

Increasing the $10,000 cap on the state and local tax deduction could benefit millions of tax filers. But a proposal to do just that has become a point of contention and a possible roadblock to House Republicans’ passing “one big,

Prior to the Tax Cuts and Jobs Act (“TCJA”), there was no direct limitation on an individual taxpayer’s deduction of his or her state and local

While a federal SALT cap is hotly debated, capping deductibility at $10,000 was an unambiguously good idea at the state level. States would be smart to stick with the current cap or, better yet, go even farther and repeal SALT deductions outright.

The version passed by the House increases that deduction limit to $40,000. The increase was a big point of contention for representatives from states with high taxes, like New Jersey and California.

Some congressional lawmakers are trying to lift Trump-era caps on state and local tax deductions as part of the new Republican tax bill.