BLUE States SUE to Lower taxes on RICH WHITE LIBS, over DJT's limit on SALT deduction

[Bigdog]

"Republicans created a $10,000 limit on the SALT deduction as part of their 2017 tax law in order to raise revenue to help offset tax cuts elsewhere in the law. But the cap is unpopular with politicians in high-tax, Democratic-leaning states, who argue that it has led to tax increases for residents and makes it harder for their states to provide robust public services.

New York, New Jersey, Connecticut and Maryland ..."

https://thehill.com/policy/finance/...their,deduction cap violates the Constitution.

 

[Bigdog]

"The state and local tax (SALT) deduction allows taxpayers of high-tax states to deduct local tax payments on their federal tax returns. The tax plan signed by President Trump in 2017, called the Tax Cuts and Jobs Act, instituted a cap on the SALT deduction. Starting with the 2018 tax year, the maximum SALT deduction available was $10,000. Previously, there was no limit. We take a closer look at what the reduced deduction has meant for residents of high-tax states like California, New York and New Jersey."

https://smartasset.com/taxes/trumps-plan-to-eliminate-the-state-and-local-tax-deduction-explained