Abstract
The $10,000 annual limitation on the deduction of state and local taxes (the so-called SALT cap), which was included in the Tax Cuts and Jobs Act of 2017, has been the subject of much political and legal scrutiny. This article describes some of the recent debates, examines some state responses to the cap, and discusses litigation that culminated in a Second Circuit decision, New York v. Yellen, concluding that the cap meets constitutional requirements.
Keywords
SALT cap, New York v. Mnuchin, New York v. Yellen, workarounds, Sixteenth Amendment, Tenth Amendment
Publication Date
2022
Document Type
Article
Publication Information
Journal of Taxation of Investments, Winter 2022, at 65
Repository Citation
Jensen, Erik M., "Recent Developments Affecting the SALT Cap, Including and Appellate Court Decision Upholding the Cap's Constitutionality" (2022). Faculty Publications. 2342.
https://scholarlycommons.law.case.edu/faculty_publications/2342
