ALBANY — Gov. Andrew Cuomo said Thursday that the just -
passed federal tax overhaul could be unconstitutional because it disproportionately affects Democrats and that he is considering a lawsuit.
FAIR LAWN, N.J. — As residents in high - tax states brace for bigger tax bills under the recently
passed federal tax overhaul, a New Jersey congressman is pushing local governments to adopt a strategy that could save homeowners thousands of dollars.
As residents in high - tax states brace for bigger tax bills under the recently
passed federal tax overhaul, a New Jersey congressman is pushing local governments to adopt a strategy that could save homeowners thousands of dollars.
Not exact matches
It's still likely to result in a bill that scales back
federal support for insurance coverage and
overhauls Medicaid while cutting
taxes for the health care industry — but if any plan can
pass the Senate, it's likely to look something like that.
Cuomo, who has railed against the
federal government's
tax legislation that
passed last month, is expected to once again detail the impact of the
tax overhaul on the state.
Governor Andrew Cuomo earlier this week said the state was exploring using a payroll
tax as an alternative to the income
tax in order to help residents hurt by new limits on deductions of state
taxes from
federal returns, under a sweeping
overhaul of the U.S.
tax code
passed in late December.
If you believe Cuomo, the top Republicans in New York's state and
federal legislative delegations, the state's mayors and leaders of both business and labor, the recently
passed tax overhaul hurts the high -
tax state and could crimp its economy and real estate markets.
A shutdown of the
federal government is preferable to Congress
passing bad policy like the
tax overhaul legislation, Gov. Andrew Cuomo on Monday told reporters in a conference call.
Tax Overhaul — Motion to Concur — Vote Passed (224 - 201, 7 Not Voting) Brady, R - Texas, motion to concur in the Senate amendment to the tax overhaul that would revise the federal income tax system by: lowering the corporate tax rate from 35 percent to 21 percent; lowering individual tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsidiari
Tax Overhaul — Motion to Concur — Vote Passed (224 - 201, 7 Not Voting) Brady, R - Texas, motion to concur in the Senate amendment to the tax overhaul that would revise the federal income tax system by: lowering the corporate tax rate from 35 percent to 21 percent; lowering individual tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsi
Overhaul — Motion to Concur — Vote
Passed (224 - 201, 7 Not Voting) Brady, R - Texas, motion to concur in the Senate amendment to the
tax overhaul that would revise the federal income tax system by: lowering the corporate tax rate from 35 percent to 21 percent; lowering individual tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax overhaul that would revise the federal income tax system by: lowering the corporate tax rate from 35 percent to 21 percent; lowering individual tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsi
overhaul that would revise the
federal income
tax system by: lowering the corporate tax rate from 35 percent to 21 percent; lowering individual tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax system by: lowering the corporate
tax rate from 35 percent to 21 percent; lowering individual tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax rate from 35 percent to 21 percent; lowering individual
tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax rates through 2025; limiting state and local deductions to $ 10,000 through 2025; decreasing the limit on deductible mortgage debt through 2025; and creating a new system of
taxing U.S. corporations with foreign subsidiaries.
The Democratic governor, who has been positioning himself as a potential 2020 candidate, made fighting the
federal government a central plank of his agenda this year, announcing during his 92 - minute speech that he would sue President Donald Trump's administration over the just -
passed tax overhaul, H.R. 1 (115).
Tax Overhaul — Motion to Request Conference — Vote Passed (222 - 192, 19 Not Voting) Brady, R - Texas, motion that the House disagree with the Senate amendment and request a conference with the Senate on the bill that would revise the federal income tax system by lowering individual and corporate tax rates, repealing various deductions through 20
Tax Overhaul — Motion to Request Conference — Vote
Passed (222 - 192, 19 Not Voting) Brady, R - Texas, motion that the House disagree with the Senate amendment and request a conference with the Senate on the bill that would revise the
federal income
tax system by lowering individual and corporate tax rates, repealing various deductions through 20
tax system by lowering individual and corporate
tax rates, repealing various deductions through 20
tax rates, repealing various deductions through 2025.
Tax Overhaul — Vote Passed (227 - 205, 2 Not Voting) Passage of the bill would revise the federal income tax system by: lowering individual and corporate tax rates; consolidating the current seven tax income rates into four rates; eliminating the deduction for state and local income taxes; limiting certain deductions for property taxes and home mortgages; and creating a new system of taxing U.S. corporations with foreign subsidiari
Tax Overhaul — Vote
Passed (227 - 205, 2 Not Voting) Passage of the bill would revise the
federal income
tax system by: lowering individual and corporate tax rates; consolidating the current seven tax income rates into four rates; eliminating the deduction for state and local income taxes; limiting certain deductions for property taxes and home mortgages; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax system by: lowering individual and corporate
tax rates; consolidating the current seven tax income rates into four rates; eliminating the deduction for state and local income taxes; limiting certain deductions for property taxes and home mortgages; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax rates; consolidating the current seven
tax income rates into four rates; eliminating the deduction for state and local income taxes; limiting certain deductions for property taxes and home mortgages; and creating a new system of taxing U.S. corporations with foreign subsidiari
tax income rates into four rates; eliminating the deduction for state and local income
taxes; limiting certain deductions for property
taxes and home mortgages; and creating a new system of
taxing U.S. corporations with foreign subsidiaries.
Tax Overhaul — Passage — Vote Passed (51 - 49) Passage of the bill, as amended, that would revise the federal income tax system by lowering individual and corporate tax rates, repealing various deductions through 2025, specifically by eliminating the deduction for state and local income taxes through 2025, increasing the deduction for pass - through entities and raising the child tax credit through 20
Tax Overhaul — Passage — Vote
Passed (51 - 49) Passage of the bill, as amended, that would revise the
federal income
tax system by lowering individual and corporate tax rates, repealing various deductions through 2025, specifically by eliminating the deduction for state and local income taxes through 2025, increasing the deduction for pass - through entities and raising the child tax credit through 20
tax system by lowering individual and corporate
tax rates, repealing various deductions through 2025, specifically by eliminating the deduction for state and local income taxes through 2025, increasing the deduction for pass - through entities and raising the child tax credit through 20
tax rates, repealing various deductions through 2025, specifically by eliminating the deduction for state and local income
taxes through 2025, increasing the deduction for
pass - through entities and raising the child
tax credit through 20
tax credit through 2025.
During congressional debate over last year's
federal tax overhaul, lawmakers considered changes to this provision; in fact, the bill initially
passed by the U.S. House of Representatives slated the deduction for elimination.