The SALT (State and Local Taxes) Conundrum
Sign up for our Market CommentaryAuthor: John R. Mousseau, CFA, Patricia Healy, CFA, & Gabriel Hament, Post Date: February 12, 2019

There have been headlines recently describing the drop in state tax revenues versus forecasts for some of the higher-tax states such as California, New York, and New Jersey. Part of the falloff is due to an exodus of higher-income residents from high-tax states, such as the ones above, for states with low or no income […]