Tax Fairness for New York

Fighting the Federal Tax Assault on New York

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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.

Latest News

New York Will Sue to Block the GOP Tax Plan

Know the Facts

See How Your Representative Voted on the SALT Tax Bill

Fighting Back Against Federal Tax Changes

A Major Shift in Tax Policy

Expands Charitable Contributions

The FY 2019 Budget creates two new state-operated Charitable Contribution Funds. Taxpayers may claim these charitable contributions as deductions on their Federal and State tax returns.

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.