Despite the robust growth of state revenues in recent years, many of New York's elected officials are pushing to further increase the tax burden on the state's residents and businesses. Read More
Tag: SALT
The likely impact of federal health-care cutbacks has diminished in recent days as House Republican leaders backed away from some of their bigger-ticket proposals, reducing the estimated savings to $625 billion from previous figures of $715 billion a Read More
A “skinny” version of the massive “Build Back Better” legislation proposed last year by President Biden is slated to arrive on his desk shortly. Read More
New York's share of the nation's income millionaire households continued to fall in 2019 Read More
A bill passed this morning in the U.S. House of Representatives would lift the cap on state and local income tax (SALT) deductions from $10,000 to $80,000. Read More