10 States Where Homeowners Are Most Likely To Benefit From Trump's SALT Tax Break
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This change is especially impactful for homeowners in states with high property taxes, where many residents already exceed the $10,000 cap. According to a recent Axios analysis, these 10 states have the highest share of homes taxed at $10,000 or more, making their residents the biggest beneficiaries of the new deduction.
1. New Jersey
Share of properties taxed at least $10,000: 39.9%
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2. New York
Share of properties taxed at least $10,000: 25.9%
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3. Connecticut
Share of properties taxed at least $10,000: 19.4%
4. California
Share of properties taxed at least $10,000: 19.3%
5. Massachusetts
Share of properties taxed at least $10,000: 18.4%
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6. New Hampshire
Share of properties taxed at least $10,000: 16.3%
7. Illinois
Share of properties taxed at least $10,000: 13.7%
8. Texas
Share of properties taxed at least $10,000: 12.4%
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9. Rhode Island
Share of properties taxed at least $10,000: 9.3%
10. Hawaii
Share of properties taxed at least $10,000: 8.9%
Editor's note: Data was sourced from Axios and is accurate as of July 1, 2025.
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