CNBC: Cutting SALT–It Could Be the Last Day for This Tax Saving Strategy

There are 18 states with private school voucher tax credits, including programs in Arizona, Alabama and South Carolina. A number of them offer credits to contributing taxpayers on a dollar-for-dollar basis.

“In a perverse situation, you donate $100 and you get back $137 in the form of state tax credits and deductions,” said Carl Davis, research director at the Institute on Taxation and Economic Policy. Read more