August 23, 2018

The Hill: Treasury Issues Rules Taking Aim at Blue-State Workarounds to GOP Tax Law

media mention

Carl Davis, director of research at the left-leaning Institute on Taxation and Economic Policy, praised Treasury for taking the same approach to the SALT cap workarounds implemented by blue states and the private school tax credit programs more likely to exist in red states.

“All types of charitable credits should be on the same footing under federal tax law, and it seems that this regulation would close down the charitable tax credit dodge across the board,” he said in a statement.