REMI luncheons are held each month at Metro Center, 700 12th Street, NW, Suite 700, Washington D.C. 20005. Stay tuned for updates on this special event, including any change in venue.
REMI cordially invites you to our monthly Washington D.C. policy luncheon, Thursday, November 30th, from 11 a.m. to 1 p.m., when CEO and Chief Economist Fred Treyz, Ph.D. will discuss the potential impacts of tax reform, using the possible cap on the state and local tax (SALT) deduction as a case study.
The White House and Congressional Republicans have vowed to overhaul the U.S. tax code, but as with any major reform, the devil is in the details. Lawmakers are looking at changes to deductions to offset cuts to the income and corporate rates, triggering opposition from those who benefit from existing provisions. House Republicans released a plan on November 2nd proposing a $10,000 cap on the SALT benefit as well as a decrease in the cap for mortgage interest deductions from $1 million to $500,000.
Citizens in high- vs. low-tax states would face increased exposure to different tax environments, making the latter relatively more desirable places to live and work. This would put fiscal pressure on high-tax states as they work to minimize the out-migration of their tax base.
For this presentation, Dr. Treyz will review the tax reform debate and the implications of changes such as an overhaul of SALT. He will demonstrate the use of our Tax-PI model for understanding the total economic effects
of fiscal policy changes on the national and state level.
Lunch will be provided at no charge, although we ask that you register in advance. If you would like to attend this event, please email Brian Boyd at firstname.lastname@example.org or contact us by phone at (413) 549-1169.
We hope you can join us!