Institute on Taxation and Economic Policy

September 8, 2025

Quartz: The $40,000 SALT Goldmine Only the Wealthy Will Actually Get

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Despite all the political fanfare about helping homeowners, the most hyped tax break in decades is actually a mirage that doesn’t help the vast majority of Americans. Instead, experts say it’s a gift to high-income earners in high-tax blue states.

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Nick Johnson
Nick Johnson

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