Cuomo Wants Congress to Reverse Tax Deduction Limit
Governor Andrew Cuomo is encouraging New York’s U.S. representatives and and U.S. Senators to overturn the provision of President Trump’s tax reform limiting the deduction of state and local taxes. In a statement Cuomo claims the loss of deductibility negatively impacted home sales in New York with an 18 percent drop in one county. Attorney General Barbara Underwood joined with three other states in suing the Trump administration over the new deduction limits.