The Daily Gazette
The Locally Owned Voice Of The Capital Region

Keep state taxes deductible

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Gov. Andrew Cuomo is absolutely right to oppose President Obama’s plan to end the federal tax deduction for local and state taxes. As a story in Wednesday’s Gazette illustrated, it would be a killer for New York taxpayers. Granted, the feds need money. But getting it this way would unfairly penalize states with the highest income taxes, and taxpayers in such states (including New York) are already overburdened. According to the state Department of Taxation ...

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April 19, 2013
8:10 a.m.

[ Flag Post ]

"Whose side is he on , anyway"? He not supposed to be on anyone's SIDE, he's supposed to do what is right, and fair for everyone, not take favorites based on political motives. Of course, everyone knows this isn't how it works.

April 20, 2013
8:16 a.m.

[ Flag Post ]

NYS taxpayers are cooked if this goes through. I was on a plane coming back from vegas 7 years ago and a Massachusetts resident told me he lived in a $500,000 assessed home and was paying $3,000 a year in taxes. He could not believe what we pay in NYS for school and county taxes. If you pay $7,500 or even $10,000 or more in school and country taxes then that allows you to have a large federal tax deduction. This proposal is awful and will do nothing to lower taxes in NYS and is simply a money grab for broke government.