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In high tax states, there's plenty at stake in politically charged debate over cap on state and local tax deductions


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In high tax states, there’s plenty at stake in politically charged debate over cap on state and local tax deductions
Rick Pearson, Chicago Tribune
© Stacey Wescott/TNS
Sean Casten talks with supporters and reporters at his election night watch party at the Chicago Drive-In Theater in Hoffman Estates on Nov. 3, 2020.
CHICAGO As taxpayers face a May 17 tax filing deadline, Congress is negotiating the possible expansion or elimination of the $10,000 cap on state and local tax deductions an issue of particular significance to residents of high tax states such as Illinois. ....

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In high tax states such as Illinois, there's plenty at stake in politically charged debate over cap on state and local tax deductions

In high tax states such as Illinois, there's plenty at stake in politically charged debate over cap on state and local tax deductions
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