White Privilege And Racial Inequality Video
The Unequal Opportunity Race White Privilege And Racial Inequality
A number of lawmakers on both sides of the aisle from high-tax states such as New York, New Jersey, California and Illinois oppose the cap, arguing that it hurts their residents and their states.
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Some House Democrats from high-tax states are threatening to oppose an infrastructure bill if it doesn't remove the cap. But tax policy experts across the ideological spectrum have criticized the push to repeal the Radial, saying that doing so would largely benefit wealthy households. ITEP previously estimated that 85 percent of the tax cuts linked to repeal of the cap would go to the richest 5 percent of taxpayers.
ITEP estimated that more than 72 percent of the benefits of a repeal of the SALT deduction limit would go to white families, though white families make up less than two-thirds of all households. ITEP recommended replacing the SALT deduction cap with a broader limit on itemized deductions that also applies to mortgage interest and charitable contributions. Microsoft and partners may be compensated if you purchase something through recommended links in this article.]
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