Supreme Court Won't Consider Challenge To SALT Tax Deduction

A man puts a money bag on scales opposite to building of government, bank, university. Budget and funding for normal functioning. Lobbying interests. Payment of taxes. Deposits and loans.

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The Supreme Court will not hear a challenge to the so-called SALT tax deduction. A number of blue state Democrats challenged the $10,000 cap on state and local tax deductions. They argued it effectively boosted the tax burden on high-earners in states like California and New York.

The high court rejected the challenge without comment.

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