The Final Tax Reform Act: SALT Implications

Overview


Peter Faber wrote this bylined article to address issues state legislatures will have to consider for modifying their statutes to reflect the new federal tax act’s language and policy decisions, a process in which he urged taxpayers to participate. “It is likely that the states will approach tax reform in a deliberate and thoughtful manner and interested parties should make sure that their voices are heard,” Mr. Faber wrote.