The U.S. House passed a tax reform bill last week. Meantime, the Senate is still hammering out details of theirs. Both pieces of legislation would change the state and local tax (SALT) deduction, which could put the squeeze on public schools.
The House plan does away with the state income tax deduction and caps the local deduction at $10,000. The Senate proposal gets rid of both deductions.
Read this story now for free
To continue reading, sign up for our newsletter and get unlimited access to WABE.org
You can select your preferences for news and local content. We will never share your email address. Learn how your newsletter sign-up will support WABE and Public Media
