Cuomo to meet with Trump about impact of tax changes in NY

Andrew Cuomo

Andrew Cuomo

Andrew Cuomo sat down with President Trump on Tuesday to discuss revising a portion of Trump's 2017 tax overhaul, a measure Cuomo contends is driving the wealthy out of the state.

Cuomo was visiting the White House to discuss the $10,000 cap on federal deduction for state and local taxes (SALT), a provision he says is contributing to a dip of more than $2 billion in tax receipts.

Cuomo says that change is prompting some wealthy residents to leave NY and leading to a worrisome drop in state revenue.

According to The New York Times, that constitutes an eight-year low for the governor, who was inaugurated to his first term in 2011.

Cuomo plans to travel to Washington on Tuesday and return to NY later in the day. "I want to make the president aware of it", Cuomo said. "The President reiterated the negative impact that high taxes in states like NY have on hardworking families and job creators".

Solar power best bet for the bank account
The heat is on in the NSW election campaign with both main parties promising a solar bonanza. This will include solar panels, solar hot water systems and energy storage batteries.

Speaking on public radio before his one-day trip, Cuomo says he's more hopeful the cap could be repealed now that Democrats control the U.S. House.

The White House said the meeting demonstrated Trump's willingness to meet regularly with the nation's governors.

"Just before Schumer became U.S. Senate Minority Leader, he had a 67-23 percent favorability and was far and away the most popular NY pol".

Prospects for new tax legislation that would expand or remove the $10,000 cap are weak, given the Republican majority in the Senate and concern over the potential for increasing the deficit without corresponding new revenue sources.

Only 35 percent of voters said Cuomo was doing an "excellent" or "good" job, with 64 percent rating his performance as "fair" or "poor".

Recommended News

  • Westminster Kennel Club's annual dog show trots into to NY

    Westminster Kennel Club's annual dog show trots into to NY

    Kent and Gwen Meyer, who own Meyer's Tails Up Farm in Belvidere, are heading to Westminster with two top-winning show dogs. Dogs from affenpinschers to Yorkshire terriers are rounding the rings at the Westminster Kennel Club dog show .
    AI to give doctors more time with patients says NHS

    AI to give doctors more time with patients says NHS

    Robotic surgery could be expanded , while they could also automate repetitive tasks such as dispensing pharmaceuticals. Tesco knows more about its customers than the NHS does about its patients, the health secretary has said.
    Jordan: Winning 6 titles tougher than Westbrook, Harden streaks

    Jordan: Winning 6 titles tougher than Westbrook, Harden streaks

    Of course, Jordan is now the owner of the Charlotte Hornets who just so happen to be hosting this year's All-Star game. It's no secret James Harden and Russell Westbrook are having monster seasons for their respective teams.
  • Retail inflation eases to 2.05% in January

    Consumer Food Price Index (CFPI) inflation stood at (-) 2.17 per cent in January as against (-) 2.65 per cent in December. Analysts polled by Reuters had forecast January's annual increase in the consumer price index at 2.48 percent.
    Nissan's profit drops amid former chair Ghosn's arrest

    Nissan's profit drops amid former chair Ghosn's arrest

    In the United States, it now sees sales tumbling 8.6 percent on the year to 1.46 million units, from 1.55 million last year. Prosecutors have charged the former chairman with failing to report this amount in eight years of Nissan financial reports.

    Toys R U.S. plans second act under new name

    The emphasis will be national growth and technology, as toymakers recognize the value of Toys R Us to the industry, Barry said. The company is in talks to return to the United Kingdom and Australia, where it also closed operations previous year .
  • Scott Morrison reopens Christmas Island asylum seeker detention centre

    Scott Morrison reopens Christmas Island asylum seeker detention centre

    But because it was amended in the House of Representatives on Tuesday, it returned to the Senate for another vote on Wednesday . Numerous independent MPs have indicated they want the government to serve its full term, which ends in May.
    Police investigating video of woman throwing chair near the Gardiner

    Police investigating video of woman throwing chair near the Gardiner

    Saturday in the area of Harbour and York Sts., and that other items were thrown from the balcony as well. The video cuts off just before the chair hits the ground, so it's unclear if anyone was hurt.
    Mitsubishi ASX unveiled before debut in Geneva

    Mitsubishi ASX unveiled before debut in Geneva

    There's been a few tweaks inside, too, with a larger infotainment screen with TomTom navigation available on the top-spec models. Inside, the company says its smartphone-link display audio system has been improved, now offering "more advanced" connectivity.
  • Antisemitism from yellow vests 'is spreading like poison' across France

    Antisemitism from yellow vests 'is spreading like poison' across France

    He was speaking at a memorial last night to Ilan Halimi, a young Jewish man who was tortured to death by Muslim men in 2006. The store window had been graffitied with the German word meaning "Jews" in yellow paint overnight.
    Ashleigh Barty-led Australia knock USA  out of Fed Cup

    Ashleigh Barty-led Australia knock USA out of Fed Cup

    Belarus beat Germany 4-0 in Braunschweig, as Aryna Sabalenka cruised past Laura Siegemund 6-1, 6-1. Molik instead slotted Hon alongside Barty and they played like a veteran doubles team.
    Thunder PG Russell Westbrook takes solo National Basketball Association  record for consecutive triple-double

    Thunder PG Russell Westbrook takes solo National Basketball Association record for consecutive triple-double

    Westbrook is averaging a triple-double for the season with 21.2 points, 11.1 rebounds and a league-leading 11.2 assists per game. The win sees the Thunder move four wins clear of fourth-placed Portland and remain one game behind the Denver Nuggets.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.