Magazine May 29, 2017, Issue

Tax Federalism

Ending the state-and-local deduction would help make blue states pay their way

At this early stage in the debate over President Trump’s tax plan, much of the discussion has centered on his proposal to eliminate the state-and-local-tax deduction. Conservatives have long viewed closing this loophole as the great lost cause of President Reagan’s 1986 tax reform, though it has sometimes been criticized by Democrats as well. Everyone agrees that repealing the state-and-local-tax deduction would disproportionately affect blue states, where taxes are high and rising due to ongoing fiscal strain. It might be possible to make good on the Trump administration’s pledge of one of the biggest tax cuts in American history without

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Books, Arts & Manners




Girl with Bull I read Jay Nordlinger’s piece about Fearless Girl (“Girl, Misplaced,” May 1) and her placement opposite Charging Bull and agree that it’s an injustice that the new sculpture ...
The Week

The Week

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