FIGURE 1: Two-Thirds of the Tax Cut Associated with SALT Cap Repeal Would Flow to White Families Earning Over $200,000 in 2022

Share of tax units as compared to share of benefits from SALT cap repeal, by race and income, 2022

Note: Shares will not sum to 100 percent, as all groups are not represented due to sample size limitations.
Source: Institute on Taxation and Economic Policy, April 2021