Eh, this will still only impact a very small % of Republicans in liberal states after accounting for lower tax rates and higher standard deductions (not even counting the benefit of higher equity markets from lower corporate taxes and increased demand for US labor from lower corporate tax rates)
“Eh, this will still only impact a very small % of Republicans in liberal states after accounting for lower tax rates and higher standard deductions”
There’s no evidence to substantiate that.
First, it will affect every taxpayer who itemizes. That’s 43 million households. In every state.
One could argue that some of those will be peeled off with the lower standard deduction. But doubling that from ~$6,300 hardly covers the loss of SALT for most.
Remember, SALT covers every excise tax, property tax, school bond tax, sales tax and state income tax.
I and several I work with will get hammered.
Income and cost of living are more a determinant than state you live in.