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It appears that the proposed tax framework would eliminate the 104-year-old State and Local Tax deduction (SALT). This deduction allows families to deduct the amount they pay in state and local taxes from their federal tax burden; removing it would create a “double taxation” that would increase the burden on families and local businesses they visit.
The money goes to Washington, but comes out of families’ pockets – or, if local governments offset this with tax cuts, out of local revenue. Either way, it ultimately means less is available for critical services like public safety, education, healthcare and housing.
– Pete Buttigieg, Mayor, South Bend, Indiana