BY E.J. McMAHON From the Empire Center The newly enacted federal income law provision limiting state and local tax (SALT) deductions “is likely to substantially decrease home values” in New York, Connecticut, Maryland and New Jersey. So claims a federal lawsuit filed by those four states against the Trump administration with the goal of having the $10,000 […]
OMBUDSMAN-ALERT: Congress Must Restore Complete State and Local Tax Deductions From The Federal Income Tax!
BY DR. LOUIS ALPERT Ombudsman Starting today, February 22, 2018, this writer has launched a program in the tri-state region of New York, New Jersey and Connecticut to demand that senators and congresspersons representing these states support legislation he restore the right of tax payers to itemize and deduct their high state and local taxes (SALT) on their […]