Re:High taxes be damned, the rich keep moving to California
by dragonwriter on Tuesday March 12, 2019 @05:45PM
(#19373374)
> but if no one was getting a SALT benefit before, how could the cap have been a revenue-raiser (which it was scored as) in the tax bill?
It hits people with lower-but-still middle-class to upper-middle-class, who weren't hitting the AMT before but still would have state/local taxes above the SALT cap.
It hits people with lower-but-still middle-class to upper-middle-class, who weren't hitting the AMT before but still would have state/local taxes above the SALT cap.