Why IRS Will Struggle To Respond To State SALT Cap Bypass

By Radha Mohan and Lai King Lam (May 31, 2018, 4:10 PM EDT) -- Few provisions in the Tax Cuts and Jobs Act have drawn the ire of high-tax states as dramatically as the $10,000 federal cap on the state and local tax deduction. Even before the GOP tax reform bill, H.R. 1, took its final form, lawmakers from states that would be most impacted by the proposed limitations to the SALT deduction voiced their objections to the tax-writing committees. In the end, 12 House Republicans voted against H.R. 1, and they all hailed from New York, New Jersey and California. After the passage of the tax bill, it did not take long for high-tax, Democratic-leaning states to respond to what they view as an unfair provision that leans on blue states to help pay for the GOP's tax cuts....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!