New York, New Jersey Launch Treasury, IRS Suit in SALT Deduction War

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Jul.18 — New York, New Jersey, and Connecticut launched a new lawsuit against President Donald Trump’s administration over a provision of the 2017 tax law limiting write-offs for state and local taxes. Jens Nordvig, founder and chief executive officer at Exante Data, and Bloomberg’s Sarah Ponczek discuss on “Bloomberg Daybreak: Americas.”