This provision of Trump’s tax law is the entire reason Nancy Pelosi is on such a jihad against it. It’s a major threat to her socialist paradise.
Governor Cuomo and Governor Moonbeam and all the other Leftists should be happy. “the rich” will pay their “fair share” under the new tax code. They can hardly complain about increased taxes on “the rich”. Beautiful.
Oh and they’ll lose any court challenge. There’s nothing unconstitutional about capping the deduction for state taxes.