Monday, March 15, 2021

SALT is back on the tax table

 A Biden Tax Proposal: NotableHighlights While Details Await

Cuomo wanted the limits on state and local tax deductions to expand the New York tax based after Trump reduced those deductions. Add that to the mix, a strategy to favor blue states in retaining their tax base.

This is a long and difficult tax battle and will require an election to get this done.

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