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Federal Changes, Local Impacts

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An explainer on how IBO calculated the impact of raising the SALT cap deduction. A companion piece to "Federal; Changes, Local Impacts: How 2025 Federal Tax Code Changes Could Impact New York City Filers."

Sub title
  • IBO’s Calculation of the Impact of Raising the SALT Deduction Cap for New York City Tax Filers
Agency
Subject
Report type
  • Reports - Other (Consultant/Staff)
Date published
  • 2025-10-16
Language
Calendar year
  • 2025
Mandated Report Name
  • Other Publication