It’s hard for me to see the federal deduction of state and local taxes as anything other than high-tax states being subsidized by states with lower taxes.
My brother in Idaho is involuntarily helping to pay New York’s high taxes when my federal tax liability is disproportionately reduced. How is that fair? Hopefully, we in New York enjoy greater benefits that come with higher taxes, but we are the ones who collectively made that choice.
I find it incredible that Gov. Cuomo claims that putting a cap on how much my brother is forced to subsidize New York and other high-tax states is somehow unconstitutional. Perhaps Idaho should sue for reimbursement of past subsidies.
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Categories: Letters to the Editor, Opinion