Tax overhaul

Congressman Joe Courtney
http://courtney.house.gov/biography/

What do voters think of the Trump tax overhaul?

In today’s Congressional Corner, WAMC’s Alan Chartock wraps up his conversation with Connecticut representative Joe Courtney, a Democrat from the 2nd district.

This was taped before the Manafort verdict.

Senator Chris Murphy
https://www.murphy.senate.gov/

Congressional Republicans spent their political capital on a massive tax overhaul.

In today’s Congressional Corner, Connecticut U.S. Senator Chris Murphy wraps up his conversation with WAMC’s Alan Chartock.

NY Gov. Cuomo's Budget director Robert Mujica
Karen DeWitt

Governor Andrew Cuomo’s budget director says 30-day amendments to the Democrat’s spending plan due out later this week will include an overhaul of New York state’s tax code. It will include plans to ease the effects of the loss of the state and local tax deductions in the new federal tax overhaul.

Donkey Hotey/Flickr

New York Governor Andrew Cuomo and the governors of New Jersey and Connecticut say they intend to soon file a multi-state lawsuit against the federal tax overhaul law, over the partial loss of the deduction of state and local taxes. 

Calita Kabir/Flickr

A report by Governor Andrew Cuomo’s tax department released today lists ways that New Yorkers could get around the loss of some of their state and local tax deductions under the new federal law. But, all of them come with complications.

The tax overhaul is now the law of the land.

In today’s Congressional Corner, Massachusetts Congressman Richard Neal, a Democrat from the first district, speaks with WAMC’s Alan Chartock. 

Calita Kabir/Flickr

New York Governor Andrew Cuomo, in his State of the State speech January 3, floated the idea of converting the state income tax to a pay roll tax to help reverse the new federal law that limits deductibility for state and local taxes. Many support the concept, but businesses say it’s not so easy to make the change and it could bring unforeseen complications.

Republicans have been celebrating the tax overhaul.

In today’s Congressional Corner, Union College political science professor Brad Hays speaks with WAMC’s Alan Chartock.

Donkey Hotey/Flickr

A state lawmaker from Westchester County is planning to introduce legislation to help mitigate the harm she says the new federal tax laws will cause to many New York residents.

New York Governor Andrew Cuomo
Karen DeWitt

Governor Andrew Cuomo, responding to the end to state and local tax deductions in the federal tax overhaul, has issued an emergency order to allow New Yorkers who owe more than $10,000 in property taxes to pay them early to get around the new law.

Abir Anwar

Governor Andrew Cuomo, who’s vowed to lead a campaign against New York’s Republican Congressional representatives in the 2018 elections, has spent the final weeks of 2017 feuding with them over their votes on the federal tax overhaul bill.

Donkey Hotey/Flickr

The tax overhaul plan passed in the House of Representatives Tuesday is drawing a mostly negative reaction from New York’s union and business leaders.

New York Governor Andrew Cuomo
Office of New York Governor Andrew Cuomo

A ceremony to award economic development grants to regions of New York state Wednesday was overshadowed by developments on the federal tax overhaul plan in Washington, as the House and Senate announced agreement on a final plan to be voted on as early as next week.

The Reverend Peter Cook, executive director of the New York State council of Churches, speaks against the federal tax overhaul measure at a rally at the State Capitol Friday.
Karen DeWitt

Groups opposing the federal tax overhaul plan held a demonstration at the New York state Capitol Friday, chanting “kill the bill”, and saying the measure is bad for New York and the nation.

NY County Leaders Join Tax Overhaul Opposition

Dec 7, 2017
Albany County Executive Dan McCoy
WAMC photo by Dave Lucas

County leaders across New York are the latest to complain about the tax overhaul plan now being crafted in Congress. They predict higher taxes for many New Yorkers, declining home prices, and slowed economic growth.

401(K) 2012/Flickr


The governors of New York and California as well as New Jersey’s incoming governor are strongly condemning the Republican tax bills in Congress, saying they are unfair to their states and will wreak havoc on the U.S. economy. 

Donkey Hotey/Flickr

Congress is considering changes to federal tax legislation. Economist Hugh Johnson of Hugh Johnson Advisors LLC in Albany, NY joins the show to discuss the potential impacts. WAMC's Alan Chartock hosts.

Donkey Hotey/Flickr

The Congressional Budget Office report released Sunday finds that the Senate tax overhaul bill harms the poorest Americans even more than originally thought.

U.S. Capitol Building
Stacy | Flickr

The U.S. House of Representatives has approved a tax overhaul plan that some state leaders say will harm New York. Eyes are now on the Senate, where a vote is expected after Thanksgiving.

Jessica Wisneski of Citizen Action, speaks out against the house tax bill at a protest at the NY state Capitol Thursday
Karen DeWitt

Democratic Governor Andrew Cuomo is slamming the tax overhaul plan passed by the U.S. House of Representatives Thursday, saying it will be “poison” to New York.

U.S. Capitol Building
Stacy | Flickr

Several New York Republicans broke with their party today, but the House of Representatives was still able to pass a $4 trillion budget that’s the first step in a major tax overhaul. The vote was 216-212. Among the Republicans voting against the budget plan, which clears the way for a $1.5 trillion tax cut package, were: Elise Stefanik of New York’s 21st district, John Katko of the 24th , Claudia Tenney of the 22nd and John Faso of the 19th. State Comptroller Tom DiNapoli, a Democrat, warned in a report Thursday that the elimination of deductions for state and local taxes would cost New Yorkers a combined $72 billion . Faso said in a statement that he couldn’t vote for a bill that “singled out for elimination the ability of New York families” to make such deductions.

The tax overhaul plan proposed by President Trump and now being considered in Congress would end the deduction on federal income tax forms for state and local property taxes. Governor Andrew Cuomo says it would disproportionately harm New Yorkers, where property taxes are among the highest in the nation, and he’s taken opportunities at public events recently to make the case against the plan.

Donald Trump at the Flynn Theatre
Pat Bradley/WAMC

New York’s Democratic lawmakers are vowing to fight President Trump’s tax overhaul proposal, perhaps even in court.  Meanwhile, a think tank’s analysis finds some middle class New Yorkers could actually save a small amount of money under the income tax portion of the plan.