Model Estimate T21-0280 - Repeal $10,000 Limit on Deductible State and Local Taxes (SALT) for those with Adjusted Gross Income less than $400,000, by Expanded Cash Income Level, 2021 t21-0280_1.xls
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Table shows the change in the distribution of federal taxes relative to current law from repealing the $10,000 limit on deductible state and local taxes (SALT) for those with adjusted gross income (AGI) less than $400,000, by expanded cash income level in 2021. The phase in limit would be between $400,000 and $500,000 of AGI.

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Model Estimates Type Distribution Tables by Income Level
Primary topic Campaigns, Proposals, and Reforms
Topics Current legislative proposals Income tax (individual) Tax expenditures (individual) State and local taxes
Model Estimates from the same Simulation Run November 17, 2021
Model Estimate
T21-0281 - Repeal $10,000 Limit on Deductible State and Local Taxes (SALT) for those with Adjusted Gross Income less than $400,000, by Expanded Cash Income Percentile, 2021
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