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by mister_tee
1685 days ago
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One argument I've heard beyond "double-taxation" is that it allows state and local governments to more easily set higher income and property taxes than they otherwise could. The deductibility of state and local taxes has been around since income tax was created in 1913, and almost all state and local taxes have passed under that old framework. That's not to say it has to be done that way forever. |
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