Saturday - July 22, 2017
Who Benefits from the State and Local Tax Deduction?
March 16, 2017
WASHINGTON, March 16 -- The Tax Foundation issued the following news release:

Tax reform proposals from the House GOP and Trump administration would either eliminate or cap the state and local tax deduction, which allows filers who itemize to deduct taxes paid to state and local governments on their federal returns. A new Tax Foundation report shows that the benefits of the tax break go primarily to wealthier filers, creating a federal subsidy for high-income earners in high-tax s . . .

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