As Tax Day Looms for New York, Rubbing SALT in the Empire State’s Self-Inflicted Economic Wound
It was Governor Cuomo’s policies, not President Trump’s 2017 tax reform, that hurt the state’s taxpayers.
Monday’s income tax filing deadline marks the sixth year of Form 1040s shaped by the Tax Cuts and Jobs Act of 2017 — memorably denounced by Governor Cuomo as “an arrow aimed at New York’s economic heart,” thanks to its $10,000 cap on state and local tax deductions.
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