Tax Fairness for New York

Fighting the Federal Tax Assault on New York

TOP Tax Fairness for New York

Tax Fairness for New York

Tax Fairness for New York

Under the Trump administration, Washington has launched an all-out direct attack on New York’s economic future.

The federal Tax Cuts and Jobs Act of 2017, enacted on December 22, eliminates full deductibility of state and local taxes. This will effectively raise state and local income and property taxes 20 to 25 percent for families all across the state.

What’s worse is that the law disproportionately hurts “donor states,” like New York, which already contributes $48 billion more annually to the federal government than it gets back. The new tax law is divisive and it has created an economic civil war.

Governor Cuomo knows we must take dramatic action to preserve our state’s economy. First, New York is launching a multi-state coalition to sue the federal government. Second, New York will launch a repeal-and-replace strategy, and third, we will explore the feasibility of a major shift in the structure of state tax policy.

Tell your federal representatives to REPEAL and REPLACE the devastating tax bill: (202) 224-3121

Know the Facts

See How Your Representative Voted on the SALT Tax Bill

New York Will Sue to Block the GOP Tax Plan

New Tax Proposals

Explore a Major Shift in Tax Policy

Employer Compensation Expense Tax

A proposal to consider the feasibility of restructuring the State’s tax code to reduce reliance on our current income tax system and establish a payroll-based employer compensation expense tax system. 

Decouple from Federal Tax Code

A proposal to decouple the state tax code from the Federal tax code so that State taxpayers do not see increased state taxes because of Federal tax increases.

 

Preliminary Report on the Tax Cuts and Jobs Act

A report by the NYS Tax Department outlining options for state tax reform in response to the new federal tax law.

The elimination of full state and local deductibility alone is an economic missile aimed at this state that will cost New Yorkers more than $14 billion.

Governor Andrew M. Cuomo

Reducing Taxes for New Yorkers

Since day one, Governor Cuomo has fought to reduce taxes for New Yorkers.

Governor Cuomo has secured the lowest middle tax rate since 1947, the lowest corporate tax rate since 1968 and the lowest manufacturers tax rate since 1917.

Governor Cuomo has enacted a property tax cap and property tax freeze that have led to a combine average savings of $2,600 per year.

Tax Fairness for New York

Text TAX to 81336

Stay updated on what New York State is doing to ensure fairness for taxpayers.