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Here’s how the SALT deduction drives down our birthrate

By Timothy P. Carney
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Here’s how the SALT deduction drives down our birthrate

Former President Donald Trump’s tax reform cut rates for everybody and reduced one particular tax break for the rich: the deduction for state and local taxes (abbreviated as SALT). Democrats and some suburban Republicans want to lift the $10,000 cap on the SALT deduction.

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Birthrate Children