Thursday 7 February 2019

Trump open to changing controversial SALT tax provision

Rich people from New York, Connecticut and other high-taxed states are flocking to Florida to buy real estate after President Trump’s 2017 tax law capped deductions of state and local taxes. But now Trump said he is open to changing this controversial provision of the tax law, according to Bloomberg. The move could potentially reduce the amount of “tax migrants” who are establishing residency in the Sunshine State by buying real estate. Trump did not […]



source https://therealdeal.com/miami/2019/02/07/trump-open-to-changing-controversial-salt-tax-provision/#new_tab

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