SALT tax-cap challenge by New York and New Jersey is thrown out

A FEDERAL JUDGE has thrown out a lawsuit filed by New York, New Jersey, Connecticut and Maryland seeking to block the cap on state and local tax deductions. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
A FEDERAL JUDGE has thrown out a lawsuit filed by New York, New Jersey, Connecticut and Maryland seeking to block the cap on state and local tax deductions. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE
NEW YORK – Four states in the eastern United States lost a legal challenge to a provision of the 2017 law that limited write-offs for state and local taxes, as a federal judge threw out a lawsuit seeking to block the cap. The Republicans’ 2017 tax law capped the amount of state and local tax,…

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