For example, the SALT deduction allows families in Cook County to lower their taxable income by an average of $4,100 per year. In addition, 85 percent of all itemizers are able to deduct their property taxes through the SALT deduction. For more than a century, it has prevented the double-taxation of working families under the federal tax code. Why repeal a federal tax deduction with such a long history of benefiting working families? Many leading bipartisan and nonpartisan organizations have gone on the record for retaining the SALT deduction.

Source: Huffington Post November 28, 2017 20:15 UTC