SALT Parity

Since 2018, the Main Street Employers coalition has led advocacy efforts to restore the State and Local Tax (SALT) deduction for pass-through businesses. Three dozen states have enacted our model legislation to date, resulting in more than $15 billion in annual savings.  And, following the 2020 Treasury Department announcement validating our legislative approach, SALT Parity measures are being actively considered in many more.  As you can see from the map below, we believe 41 total states could benefit from this reform.