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Business Council supports tax reform, but not eliminating deduction

bizjournals Friday, 10 November 2017 ()
While The Business Council of New York State Inc. supports corporate tax reform, it is against eliminating the state and local tax deduction because it would be detrimental to New York, vice president Ken Pokalsky said. "I don’t see it as a strong tax policy position, and it certainly isn’t one of equity," he said Friday. New Yorkers already sent about $41 billion more to the federal government last year than they received in return. "What we’ve been asking for is for our concerns to be…
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Source: Wochit News - < > Embed
News video: Pence Heads To Capitol Hill As Lawmakers Grapple With Tax Bill

Pence Heads To Capitol Hill As Lawmakers Grapple With Tax Bill 00:39

On Tuesday, Vice President Mike Pence is scheduled to meet with lawmakers on Capitol Hill as Republicans grapple with key provisions in the proposed tax cut bill and lobbyists express concerns over that the bill might not be ready by a self-imposed deadline. House of Representatives Ways and Means...

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