No serious economist believed that former President Donald Trump's 2017 tax law would pay for itself. On the contrary, that buffet of tax cuts will explode deficits by almost $2 trillion over 11 years, according to Congressional Budget Office estimates.

Though the benefits went overwhelmingly to the highest-income Americans, red-state Republicans cleverly added an item that purported to raise some taxes on rich people. But not so much their rich people. It primarily targets those in high-tax, high-income blue states. We speak of the $10,000 cap on the state and local tax deduction, or SALT, designed to drain revenues from the likes of California, New York, New Jersey and Massachusetts.

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