Cuomo Calls on New York Delegation and Congress to Vote to Restore Salt Deductibility

 

The following statement was issued today by Governor Andrew M. Cuomo. 

Today the House of Representatives will vote to restore the state and local tax - or SALT - deduction that President Trump and his Republican allies eliminated in 2017, a provision that costs New Yorkers up to $15 billion per year and penalizes our state for investing in education, health care, infrastructure and more.

"As the number one donor state, New York already sends back tens of billions of dollars more than we receive from the Federal government, and the cap on SALT deductibility took this imbalance and dramatically exacerbated it.

"This policy is an economic civil war that helps red states and big corporations at the expense of blue states, and it needs to end immediately.

"I am calling on the New York delegation and Congress to come together and support the restoration of the SALT deduction so we can reverse this economic assault on New York and our model of progressive state government. Enough is enough." 

Source: The Office of Governor Andrew M. Cuomo

Update: 4:57 PM (EDT) Cuomo Applauds Speaker Pelosi, New York Delegation and House Members for Voting to Restore SALT Deductibility

"The Trump administration's SALT policy was a politically motivated economic assault on New York. As the number one donor state, New Yorkers are sick and tired of being used as ATMs, footing an additional $15 billion each year that will be redistributed to red states and big corporations. I applaud Speaker Pelosi, the New York delegation and other members of Congress who voted today to restore fairness back to our tax code. It's time for Majority Leader McConnell and the Senate to follow suit - stop this double taxation scheme once and for all." 

Source: The Office of Governor Andrew M. Cuomo