On MSNBC’s Morning Joe today, Steven Rattner presented charts showing evidence of how the 2017 tax law has disproportionately hurt residents of “blue states” that historically have been heavy users of the state and local tax deduction. Click here to view the charts.
One of the consequences of the 2016 election was the repeal of deductibility for state and local taxes known as SALT. Now, with the new law having been in effect for only one tax year, the impact of that change is becoming clear, says Steve Rattner.
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