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News & Current Events Discuss Cuomo announces income tax revenues have dropped by $2.3B at the General Forum; Cuomo’s preliminary analysis claims much of the impact is coming from a drop in revenues from the state’s highest income ...

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Old 02-06-2019, 06:58 AM
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Default Cuomo announces income tax revenues have dropped by $2.3B

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Cuomo’s preliminary analysis claims much of the impact is coming from a drop in revenues from the state’s highest income earners most impacted by the loss of write-offs of state and local tax deductions, known as SALT.
So Cuomo feels that having some of the highest real estate taxes in the country isn't the problem, the fact that people can only deduct up to $10,000 is. What happened to 'paying your fair share' that the Democrats like to tout? Maybe people are suddenly realizing just how much they are paying in Real Estate taxes, and aren't seeing the value of it?

One of many reason I moved out of the NE. I could list a few more, but this is the popular hot topic for the moment.

You have my crocodile tears, Mr. Cuomo....

https://nypost.com/2019/02/04/cuomo-...opped-by-2-3b/
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Old 02-06-2019, 04:25 PM
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Default Re: Cuomo announces income tax revenues have dropped by $2.3B

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Originally Posted by GottaGo View Post
So Cuomo feels that having some of the highest real estate taxes in the country isn't the problem, the fact that people can only deduct up to $10,000 is. What happened to 'paying your fair share' that the Democrats like to tout? Maybe people are suddenly realizing just how much they are paying in Real Estate taxes, and aren't seeing the value of it?

One of many reason I moved out of the NE. I could list a few more, but this is the popular hot topic for the moment.

You have my crocodile tears, Mr. Cuomo....

https://nypost.com/2019/02/04/cuomo-...opped-by-2-3b/
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