fromABC7 San Francisco
3 days agoSALT cap raised to $40,000 will benefit California homeowners, experts say
"In a place like the Bay Area, where you have a disproportionate number of people who are itemizers and who are earning a lot of money but aren't earning a lot a lot of money - so under 500K but over 100 or 200K - in order for them to not be taking a standard deduction, this amount of money could be substantial," said Darien Shanske, professor of law at UC Davis.
California