October 6, 2019

Press-Republican: Cuomo Loses Opening Round in Fight Against New Tax Law

media mention

The Institute on Taxation and Economic Policy, a national think tank, projected in late 2017 that more than 70 percent of New York taxpayers would end up paying less in federal taxes as a result of the code revisions.

Cuomo, though, has maintained the capping of the SALT deduction would motivate some wealthy earners to leave the state, thus leaving those remaining to foot the bill for the services the state provides.

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