Beebe, Joyce2019-12-162019-12-162019Beebe, Joyce. "Fiscal Federalism and the State and Local Tax Deduction Limit." <i>Baker Institute Report,</i> 02.12.19, (2019) James A. Baker III Institute for Public Policy: <a href="https://www.bakerinstitute.org/research/state-and-local-tax-deduction-limit/">https://www.bakerinstitute.org/research/state-and-local-tax-deduction-limit/</a>.https://hdl.handle.net/1911/107913The Tax Cuts and Jobs Act of 2017 placed a $10,000 limit on the amount of state and local taxes taxpayers may deduct on their federal income tax returns. In this report, public finance fellow Joyce Beebe examines the pros and cons of the limit and state-level efforts to circumvent the cap.