SALT Shrinkage Is Bad for Red State Taxpayers Too

People in Texas pay taxes too. So do workers in Florida, Tennessee and other states that don’t impose an income tax. This has seemingly been forgotten in the ongoing debate about state and local taxes (SALT), and the deduction of those payments against federal taxes paid. It’s a reminder that when the Tax Cuts and Jobs Act (TCJA) was passed in 2017, individuals in low tax states similarly took a hit.