The Hill: Left-leaning Group: SALT Cap Repeal Would Worsen Racial Income Disparities

Repealing the cap on the state and local tax (SALT) deduction would exacerbate racial income and wealth disparities, according to an analysis released Tuesday from the left-leaning Institute on Taxation and Economic Policy (ITEP).

The think tank’s report comes as a growing number of Democratic lawmakers are pushing for the SALT cap to be repealed in forthcoming infrastructure legislation. Read more