Four States Challenge the Cap on SALT Deductions
Journal of Taxation of Investments, Fall 2018, at 51
Posted: 20 Feb 2019
Date Written: February 19, 2019
The attorneys general of New York, Connecticut, New Jersey, and Maryland have filed the complaint in New York v. Mnuchin, challenging the constitutionality of the $10,000 cap on the deduction for state and local taxes established by the Tax Cut and Jobs Act of 2017. This article considers the most important of the states’ claims and concludes that none of them is convincing.
Keywords: New York v. Mnuchin, SALT deduction, animus, Tenth Amendment, income tax
JEL Classification: K34
Suggested Citation: Suggested Citation