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Cuomo to sue feds over tax plan

Jan 04, 2018 2:35 pm
The Daily Freeman reports that Gov. Andrew Cuomo said Jan. 3 that New York state will challenge the new Republican tax plan in court. Cuomo claimed the new law an unconstitutional assault on states’ rights, attacking states with Democratic majorities in particular. “Our federal government is working to roll back so much of what we have done,” Cuomo said in his annual State of the State address in Albany. “We cannot, we must not let those things happen.” For New Yorkers, the new tax law caps deductions for state and local taxes at $10,000, which will raise taxes for many New Yorkers. Cuomo also proposed changes to the state tax code in response to the new federal tax scheme. Read the full story in the Daily Freeman.