Herald and News: No Relief in Sight for Taxpayers Denied Deductions

An analysis by the left-leaning Institute on Taxation and Economic Policy found that nearly two-thirds of the benefit of repealing the [SALT] cap would go to the top 1 percent of taxpayers.

But even though the wealthy reap the most benefits, many of the people affected by the new cap in high-cost, high-tax states are middle-income earners.

Read more

---