this post was submitted on 15 Sep 2025
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Chapotraphouse
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Salt deductions could right? Like if states and locals had to tax more than a standard deduction
So like charge everyone a "fuck the feds" tax that equals their tax bill to the IRS, tell everyone to SALT deduct them, and then just refund them all the money from that tax?
Actually I just looked it up it's capped at 40k and goes back to 10k in 2030. Before 2018 it was unlimited so a state could have theoretically done something like that, or used the tax money to fund socialized medicine, or 'nationalize' industry.