Sentences with phrase «approved federal tax plan»

Cuomo had been vocal in his opposition to the recently - approved federal tax plan.

Not exact matches

Last week, the House narrowly approved a Senate version of the 2018 federal budget, clearing the path for the Republican - controlled Senate to pass its tax reform plan later this year.

A tax plan approved by the House of Representatives on Thursday would sharply curtail a federal deduction that millions of Americans can now claim for tax payments to state, county, city and town governments.

ALBANY — Taking aim at Washington, Gov. Andrew M. Cuomo announced Wednesday he will sue the federal government over the recently approved tax plan, saying it unconstitutionally burdens New Yorkers.

Congressional Democrats in New York are criticizing a federal budget approved by the House on Thursday that paves the way for a tax reform plan that could include the elimination of the state and local deduction, or SALT.

The federal plan, approved in December, no longer allows state and local income tax deductions from federal tax forms, and limits property tax deductions to $ 10,000.

Cuomo's budget assumes the federal government will approve a $ 10 billion Medicaid waiver, and that state operating spending will hold to less than two percent a year, which helps balance his plans for a local property tax freeze and for $ 100 million in funding during this coming year, to begin expanding pre-K programs statewide.

Or could it be that Verizon wants to be a pal and help New Yorkers access up to $ 3400 in federal tax credits and (if the state legislature approves Governor Pataki's plan) more than $ 5,400 in savings through discounted highway tolls and state tax credits?