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The Controversy Surrounding the State and Local Tax Deduction

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Manage episode 231039250 series 1509187
Content provided by Stig Daniels and Rice University's Baker Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Daniels and Rice University's Baker Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It’s called the state and local tax deduction–or SALT–and it’s the subject of fierce political and legal controversy. The Tax Cuts and Jobs Act, passed by Congress in 2017, placed a $10,000 limit on this deduction under the federal tax code. What is the SALT deduction? And why has putting a cap on it caused such a furor?

Our guest this episode is Dr. Joyce Beebe. She is a fellow in public finance at Rice University’s Baker Institute for Public Policy and an expert on taxation.

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 231039250 series 1509187
Content provided by Stig Daniels and Rice University's Baker Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stig Daniels and Rice University's Baker Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

It’s called the state and local tax deduction–or SALT–and it’s the subject of fierce political and legal controversy. The Tax Cuts and Jobs Act, passed by Congress in 2017, placed a $10,000 limit on this deduction under the federal tax code. What is the SALT deduction? And why has putting a cap on it caused such a furor?

Our guest this episode is Dr. Joyce Beebe. She is a fellow in public finance at Rice University’s Baker Institute for Public Policy and an expert on taxation.

  continue reading

100 episodes

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