Tuesday, November 26, 2019

Appeal Filed in Multi-State Lawsuit Against SALT Reform


New York Governor Andrew M. Cuomo and New York Attorney General Letitia James today announced that New York, Connecticut, Maryland and New Jersey filed a notice of appeal to the U.S. Court of Appeals for the Second Circuit to continue litigation against the federal government for its unlawful and unprecedented cap on the deduction for state and local taxes, known as SALT. This appeal challenges a September 30, 2019 ruling by the U.S. District Court for the Southern District of New York that rejected the states' suit, which argues that the SALT cap is a politically motivated bid to effectively raise property taxes in predominately Democratic states. 

"The Trump administration's SALT policy is retribution politics - plain and simple," Governor Cuomo said. "New York is already the nation's leader in sending more tax dollars to Washington than we get back every year, and we will not allow this administration to pick the pockets of hard-working New Yorkers to fund tax cuts for corporations and send even more money to red states. We will continue to fight this unconstitutional assault until it is repealed once and for all."

"This cap has already put a heavy burden on the hard-working, middle-class families of New York, and, in the years ahead, it is expected to cost New York's tax payers over $100 billion, which is why we will fight this senseless and unconstitutional law," said Attorney General James. "New York will not be bullied into paying more in taxes or changing its vital public investments because of Congress and the president's partisan choices."

Click here for the full announcement. 

Source: The Office of Governor Andrew M. Cuomo 

No comments: