Sentences with phrase «class federal taxpayers»

Preston Niblack, NYC Deputy Comptroller for Budget, told the panel that Comptroller Scott Stringer's analysis shows about 475,000 mostly middle - class federal taxpayers in the city would face higher tax liabilities under the TCJA.

Not exact matches

De Blasio and Murphy vowed to work together to rally against the GOP's massive federal tax overhaul that calls for the elimination of popular tax deductions — such as state and local property tax costs and student loan interest payments — which they argue will hurt middle - class taxpayers.

Instead of ensuring cuts to all New York taxpayers, the federal tax plan will create a scenario in which 3.3 million New Yorkers - the vast majority of whom are middle class - will be double taxed.

Instead of ensuring cuts to all New York taxpayers, the federal tax plan will create a scenario in which 3.3 million New Yorkers — the vast majority of whom are middle class — will be double taxed.

SPECTRUM NEWS VIDEO: State Sen. Mike Gianaris said following changes to the federal tax code, lawmakers need to find a way to rework the state tax code to benefit middle - class taxpayers and offset any negative impact of the new US tax law.

After federal income tax deductions, Connecticut's wealthiest taxpayers pay an average of 5.5 percent for their income in state and local taxes, compared to 10.5 percent for middle - class families and more than 11.0 percent for the state's poor.