That means that, for people who pay high local taxes in such places and itemize on their return, there's an advantage in shifting as much income into this year as possible. (nytimes.com)
Ron Deutsch with Fiscal Policy Institute, a union - affiliated economic think tank, said the ideas do seem a bit far - fetched, but he said states with higher local taxes may have to get «creative» to prevent being harmed by the new tax changes. (news.wbfo.org)
The plan was an election promise, but it could entail Americans paying higher local taxes and tolls. (bbc.co.uk)