September 22, 2021

CHANGE? Why Democrats are getting squeamish about taxing the moderately rich. “It’s notable that the most avid supporters of SALT cap repeal in Congress haven’t limited themselves to arguing the provision hurts Democrats or makes it harder for states to raise taxes. Rather, they’ve deployed the kind of unabashed anti-tax rhetoric that until recently was almost exclusively the domain of the GOP.”

Trump’s SALT deduction cap continues to pay interesting political dividends.

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