Trump Plan to Repeal SALT Deduction Would Hurt States’ Ability to Raise Taxes, Experts Say

Overview


Alysse McLoughlin said a Trump Administration proposal to kill the federal tax deduction for state and local taxes would effectively reduce states’ ability to look to tax increases for additional revenues. “There’s a point at which there’s too high a burden,” she noted. “If you look at taxpayers as a whole, the amount they pay is going to in some cases be drastically increased.”