Add blog post: The SALT Torpedo and Charitable Giving#515
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Add blog post: The SALT Torpedo and Charitable Giving#515
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Analysis of how the SALT cap phase-out in OBBBA creates counterintuitive effects on charitable giving incentives. Key finding: a $700k earner pays $1,928 more for a $10k donation than a $300k earner due to standard vs itemized deduction switching. Embeds interactive Plotly charts from: https://policyengine.github.io/salt-torpedo-giving/ 🤖 Generated with [Claude Code](https://claude.com/claude-code) Co-Authored-By: Claude Opus 4.5 <noreply@anthropic.com>
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Summary
The analysis reveals that the SALT cap phase-out in OBBBA (which reduces the cap from $40k to $10k for high earners) pushes many high-income filers to take the standard deduction instead of itemizing. When they donate, they switch to itemizing but only get partial benefit because they lose the "free" standard deduction.
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🤖 Generated with Claude Code