The SALT deduction is like the trickle-down economics for Democrats, says Harvard's Jason Furman

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It seems like you're referencing a statement made by Jason Furman, an economist and professor at Harvard University. The comparison you mentioned likely refers to his perspective on the State and Local Tax (SALT) deduction and how it aligns with the Democratic economic philosophy.

The State and Local Tax (SALT) deduction is a provision in the U.S. federal tax code that allows taxpayers to deduct certain state and local taxes they've paid from their federal taxable income. This deduction primarily benefits taxpayers in states with higher state and local tax rates.

Trickle-down economics, on the other hand, is a term used to describe the economic theory that reducing taxes on the wealthy and businesses will lead to economic growth that ultimately benefits everyone, as the benefits are believed to "trickle down" to lower-income individuals and the broader economy.

Furman's comparison might suggest that, just as trickle-down economics is a controversial idea often associated with Republicans and conservative economic policy, the SALT deduction could be seen as a contentious policy for Democrats, with potential implications for income distribution and economic policy. However, without the full context of his statement, it's important to be cautious in interpreting its exact meaning and intent