Try our Advanced Search for more refined results

SALT Cap Turning Out To Be No Big Deal, Panelists Say

By Maria Koklanaris (May 30, 2019, 8:37 PM EDT) -- Despite dire warnings from New York Gov. Andrew Cuomo and others in blue states, there is little evidence that the cap on the deduction for state and local taxes paid has hurt those states or their residents, tax panelists said Thursday.

States do not seem to have experienced a wave of out-migration simply because residents can no longer deduct the full amount after the December 2017 passage of the Tax Cuts and Jobs Act, which included the cap, said the panelists, speaking at an Urban-Brookings Tax Policy Center event in Washington, D.C. Nor does it seem, they said, that states can't...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Read the full article

Already a subscriber? Click here to login

Related Sections

Companies

Government Agencies

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!