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Buttigieg courts high-tax states with SALT cap removal plan
How will housing market perform in low-tax states?
Rogers Healy and Associates Real Estate owner and CEO Rogers Healy says there will be a steady increase in demand in the housing industry.
Democratic presidential candidate Pete Buttigieg mirrored House Democrats on Monday by calling for a removal of the Tax Cuts and Jobs Act’s $10,000 cap on state and local tax deductions.
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"Removing the SALT cap for families undoes Trump’s politically motivated tax increase and enables governors and mayors across the country to enact progressive tax policies," Buttigieg's campaign said in a press release.
HIGH-TAX NEW JERSEY TRIES FOR SALT CAP WORKAROUND
The move could make Buttigieg more appealing to voters in high-tax states like California, where the state Democratic primary is scheduled for March 3.