From a policy point of view, the full SALT deduction may be hard to justify. But politically - in 2017, hedge fundies raised taxes on their accountants and kids' orthodontists to meet budgeting rules for their own tax cuts. Now the accountants and orthodontists are striking back.
You may have forgotten just *why* the GOP targeted SALT deduction in 2017. To pass a tax cut with 50 votes in the Senate, not 60, the cut must purport to be deficit-neutral over 10 years. SALT repeal raised $1.3 trillion to offset super-high-end tax cuts. ncsl.org/ncsl-in-dc/pub…
If you are seriously rich, trading your SALT deduction for other benefits makes sense - especially if you live in a low-tax state like Florida or Texas. But if you were a high-income, low-asset professional in CA, NJ, or NY, the trade-off hurt bad.
In elections of 2018, the GOP lost 7 of their 14 House seats in California, 2 of their 7 in Illinois, 4 of their 5 in New Jersey, 3 of their 9 in New York. SALT not the only reason of course - but not nothing either, and the Ds elected from those states and districts know it.
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