SALT deduction facts [Link]

The Facts on the SALT Deduction

The House Republican tax plan would eliminate a federal tax deduction for state and local income or sales taxes, and it modifies a deduction for state and local property taxes. The Senate bill eliminates the deductions entirely. These provisions have sparked criticism from lawmakers from states that would be largely affected.

Who uses the deduction and how would changing it affect them? We’ll take a look at the facts.

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