CNBC: Calls to end $10,000 SALT deduction cap threaten Biden’s tax plan ahead of its release

In addition, most of the families that would benefit from doing away with the SALT cap would be wealthy white ones, according to a recent analysis from the left-leaning Institute on Taxation and Economic Policy. Black families are 42% less likely and Hispanic families are 33% less likely than white ones to see a tax break from a SALT cap repeal, the study showed. Read more