Sentences with phrase «high local taxes»

That means that, for people who pay high local taxes in such places and itemize on their return, there's an advantage in shifting as much income into this year as possible.

Ron Deutsch with Fiscal Policy Institute, a union - affiliated economic think tank, said the ideas do seem a bit far - fetched, but he said states with higher local taxes may have to get «creative» to prevent being harmed by the new tax changes.

The plan was an election promise, but it could entail Americans paying higher local taxes and tolls.

Senate Democrats love to support higher local taxes and fees too.

The purpose here is not to stigmatize, but to raise questions — and promote informed public discussion of the forces driving high local taxes in every corner of New York.

Republicans representing states such as New York, New Jersey and California, where there are often high local taxes and high property values, were critical of the elimination.

In return, these policies benefit not only clean energy businesses, but all North Carolina electricity consumers — even those who do not use renewable energy or energy efficiency — through lower overall energy bills, healthier communities, higher local tax bases, and jobs.

But the proposal also would eliminate the practice of deducting state income taxes and local property taxes from federal income taxes, and that could harm taxpayers in states with high local taxes, like New York.

And changing what has been controlling our otherwise out - of - control taxes would be a mistake, because New York State continues to have some of the highest local taxes in the nation,» the letter states.

The Empire State's high local taxes, he explains, are just a «lifestyle expense» for the wealthy — they could fly first class rather than take a private jet.

• New York has the highest local taxes in America as a percentage of personal income - 79 percent above the national average

In fact, the evidence suggests New York's high local taxes are driven mainly by high employee wages and benefits — but Cuomo has made it clear he won't pursue reform of the collective - bargaining laws that make it hard for localities to restructure contracts.

And he loves to get new and higher local taxes and fees for his constituents, how's that help?

Under «Start Up NY,» New Yorkers will still be crushed by the most burdensome taxes in the nation — the highest local tax burden per person in the nation, the eighth - highest top personal - income tax rate and a median property tax more than double the national average.

New York State residents pay some of the highest local taxes in the nation.

That's because New York has one of the highest local tax rates in the nation.

But the proposal would also eliminate the practice of deducting state income taxes and local property taxes from federal income taxes, and that could harm taxpayers in states with high local taxes, like New York.

«That's why we have the highest local tax burden in the country, because we're paying for too much government.»

Some Republicans from New York, New Jersey and other states with high local taxes have resisted the changes and sought compromises.