At a 1% tax rate that’s $10,000 per year of property taxes. Assume the homeowners earn $200,000 per year at a 10% California income tax rate. That’s $20,000 of state tax. Under the $10,000 SALT cap, ...

For a typical family of four earning the median income in our community, that would mean paying $3,930 more in taxes—roughly 19 weeks’ worth of groceries in Southern California.