Posted on 01/26/2018 12:39:44 PM PST by markomalley
New York Democratic Gov. Andrew Cuomo announced Friday that a coalition of East Coast states will sue the federal government over the Trump-signed tax overhaul, in the latest bid to undermine the law that Republicans have cheered.
The states -- New York, New Jersey and Connecticut -- appear to be taking aim at a provision that limits residents' state and local tax deduction (SALT) to $10,000. While the law contains sweeping tax rate cuts for businesses and individuals, taxpayers in high-tax states like those in the Northeast are expected to take a hit from the SALT change.
Cuomo called it an "economic missile."
"The elimination of full state and local deductibility is a blatantly partisan and unlawful attack on New York that uses our hardworking families and tax dollars as a piggy bank to pay for tax cuts for corporations and other states, Cuomo said in a statement. This coalition will take the federal government to court to protect our residents from this assault."
(Excerpt) Read more at foxnews.com ...
Taxes are never a good thing. I guess these states get to pay them now.
They seem to think that the $10,000 limit is a good idea.
It will be great to see them try to get the tax cuts declared unconstitutional!
But no deduct for cable tax, phone tax, etc.
That should be the response. Copy, paste and sign.
They have no standing
This all costs the government money to defend the law, which, in the end, costs all of us money to placate clowns like Cuomo.
That suit - if it is actually filed - will go nowhere. While I can understand how people with high incomes, or pols from high-income states, don’t like this new law, the simple facts are:
1) The Congress has the authority, under the 16th Amendment, to pass income tax bills and send them to the President for signature;
2) The law in question is an income tax law which, prior to becoming law, was in fact passed by both Houses of Congress; and
3) President Donald John Trump signed the bill presented to him by Congress.
Thus, this is a legitimate law in all regards, whether any particular person or group likes that fact or not. The federal courts - whether at the District, Circuit or Supreme Court level, will use all their legal skills to politely tell Cuomo and the rest of these clowns to “go piss up a rope.”
Daddy’s little weasel is upset! As the old saying goes his father would have did us all a favor if he would have pleasured himself
Not dumb like everyone says, like dumb.
They want to claim it violates the 14th Amendment because it taxes certain people more than others? Do they even hear their own stupidity? If this law was ruled unconstitutional, then the entire income tax structure would also be unconstitutional.
He is claiming that it violates the 14th Amendment because it taxes some people more than others. LOL! Hello? A progressive income tax is one of the planks of the Communist Manifesto.
You think Connecticut will join the lawsuit after November? I think after Malloy, Connecticut will elect a Republican for governor...
“Feed me, Seymour”
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