New York’s Democratic lawmakers are vowing to fight President Trump’s tax overhaul proposal, perhaps even in court. Meanwhile, a think tank’s analysis finds some middle class New Yorkers could actually save a small amount of money under the income tax portion of the plan.
Governor Cuomo said the tax overhaul plan and the proposal to eliminate state and local tax deductions from federal income taxes would be “devastating” to New York.
“It is a tax increase plan,” Cuomo said on Long Island Thursday. “Period.”
Cuomo said he might sue.