Political Quotes

Brian Higgins: New York State contributes $41 billion, annually, to the Federal Government in taxation. The House Republican corporate…

On the recordNovember 15, 2017
New York State contributes $41 billion, annually, to the Federal Government in taxation. The House Republican corporate tax bill cut is being funded by tax increases on middle America and on western New York. The elimination of the State and local tax deduction would be a major hit on local taxpayers. In fact, in Erie County, 89 percent of middle- income households claimed the State and local tax deduction in 2015, deducting $1.6 billion in already-paid local taxes. The average State and local tax deduction in Erie County was $12,866. This corporate tax cut is being funded by tax hikes on middle America and on western New Yorkers and should be rejected. ____________________
Said by
Brian Higgins
Democratic · New York
Source
govinfo.gov
Nov 15, 2017

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