Albany, NY – New York Gov. Andrew Cuomo will travel to Washington, D.C., this week for a meeting with President Donald Trump to discuss how recent federal tax changes are hurting the state’s bottom line.
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The Democratic governor told reporters on Monday that he’ll urge the president to reconsider a provision in the recent tax overhaul that sharply limits a federal deduction for state and local taxes. Cuomo has blamed that change for a recent dip in state tax receipts, saying it has put New York at a disadvantage when it comes to attracting and retaining wealthy residents.
State officials announced last week that income tax receipts have dipped more than $2 billion below projections for the fiscal year ending next month.
“This is not an academic discussion, my friends. This is real life,” Cuomo told reporters on Monday. “This changes the economic trajectory of the state. People are mobile. And they will go to a better tax environment.”
While Trump has praised the tax overhaul, Cuomo said he hopes the deduction limit could be eliminated now that Democrats control the U.S. House. Trump signed the tax reforms into law in late 2017.
Cuomo plans to travel to Washington on Tuesday and return to New York later in the day, a spokesman said.
YOU rotten pieces of dreck, who gave you the right to tax people to death. You keep upping the taxes, and passing inhumane laws like the right to kill a baby ex utero .Save the frogs, and animals and kill humans. You are a mental case that should be locked up for good. You and the no good for nothing democraps of tax and spend tax and spend. You have no right to suck the workers dry so you canlive high on the hog.Everything thing is free but in reality it is notTERE IS NO THINGS AS A FREE LUNCH
New Yorkers need to pay their fair share, plain and simple. You people are on all the government programs you need to pay up, no need for the rest of the country to support all your liberal programs.