September 21, 2020

Politico Morning Tax: Digging in on SALT

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Matt Gardner of the liberal Institute on Taxation and Economic Policy thought this particular portion of the SALT debate had a number of layers to it.

Among them: Deductions for charitable giving have a more direct motivation than SALT — you know, to spur more donations. Plus, Gardner added, there’s the issue that Washington finds it easier to deliver benefits through the tax code than as direct spending, which can help keep alive those kinds of deductions.

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