In the hunt for more revenue, Congress is looking to streamline the tax code, closing loopholes and deductions. One way to do that is allow more Americans to fall under the Alternative Minimum Tax (AMT). A feature of the AMT is that is doesn't allow for the deduction of state and local taxes. Since the Northeast has far and away the highest local taxes, the rest of the states can dump a larger share of the tax burden on them.
D.C. Finalizing Plan for Assault on Metro NYC
Keppel DC REIT Distributions Drop 13.7% and More Asia Real Estate Headlines
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The challenges of what was once Asia’s hottest listed trust lead today’s
roundup of real estate headlines, with Keppel DC REIT announcing a dip in
distri...
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