Cuomo is specifically targeting a change to the so-called SALT deduction, which currently allows high-income taxpayers in states like New York and California who itemize their deductions to benefit from an unlimited deduction on state and local taxes. Under the new Republican law, that SALT deduction is now capped at $10,000.
It’s hard not to notice Cuomo’s accidental admission:
FYI, this "assault" is basically an admission that states like NY have crazy high taxes. LOL. https://t.co/9Wez8EnNVB