December 31, 2018

Washington Times: Trump Tax Cut Foiled by State’s Itemized Deduction Rule

media mention

Last year, many states opened their legislative sessions at the beginning of January, just after the federal tax law passed in December 2017, leaving them little time to figure out the new landscape.

“I think they were very flat-footed,” said Meg Wiehe, deputy director of the Institute on Taxation and Economic Policy. “We were even flat-footed, and we’ve been spending the whole year trying to think about what the implications of various changes would be.” Read more