PMSE Releases Model State Legislation Preserving Federal, State & Local Tax Deduction for Main Street Employers

Connecticut Paves Way for Other States to Act

Parity for Main Street Employers

Today, the Parity for Main Street Employers coalition of national trade groups released model legislation to preserve the federal State and Local Tax Deduction (SALT) for Main Street Employers organized as pass-throughs.  This comes on the heels of action by Connecticut last week to become the first state in the country to enact similar legislation, paving the way for other states to act.

Read the full press release here.