May 11, 2021

Commonwealth Magazine: Mass. delegation not jumping on SALT bandwagon

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The politics of SALT are tricky. While the SALT deduction benefits a wide swath of taxpayers across many states, the biggest beneficiaries tend to be wealthy people with big homes who pay a lot of state income and property tax. The Institute on Taxation and Economic Policy estimates the richest 5 percent would receive 85 percent of the benefits if the SALT cap is eliminated. Read more



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