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Ortiz — Congress’s Gift to Blue-State Taxpayers: Limiting State and Local Tax Deductions Forces Fiscal Discipline

Ortiz — Congress’s Gift to Blue-State Taxpayers: Limiting State and Local Tax Deductions Forces Fiscal Discipline

The great American migration out of high-tax states like New York and Illinois may be about to accelerate. The tax reform enacted last month caps the deduction for state and local taxes, known as SALT, at $10,000. This means millions of people will finally feel the full tax burden imposed by state and local politicians. When the SALT shield shrinks, so may people’s willingness to put up with these high taxes. Such states already are losing population, and new Census Bureau data—released th…
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