SALT Deduction Hike: Who Gains, Who Pays, and Why It Matters
The battle over the State and Local Tax (SALT) deduction has intensified, with a proposed increase from $10,000 to $40,000 in the Republican tax bill. This change offers relief for some but fuels debates over fairness and fiscal impact. Who Benefits? Homeowners in high-tax states like New York, New Jersey, and California stand to gain the most. T