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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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News video: Tax Break for Teachers Goes on the Chopping Block in D.C.

▶ Tax Break for Teachers Goes on the Chopping Block in D.C. 02:41

The proposed Republican tax reform plan would eliminate a deduction of $250 for school supplies. Melissa Caen reports. (11-3-17)

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