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
April 27, 2021
CNBC: Calls to end $10,000 SALT deduction cap threaten Biden’s tax plan ahead of its release
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