Re:Evidence from leaked account data on how elites use offsh...
by PaulDavisThe1st on Saturday May 08, 2021 @07:00PM
(#27091579)
Let's be precise here. It only hurt tax payers whose itemized deductions exceeded the (new) standard deduction of $12k. There were more them in higher tax states because SALT was part of their itemized deduction. It had no impact on tax payers whose itemized deductions were below $12k, or who did not itemize.
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