It is impressive to see Cuomo take the lead on this issue. If New York state workers are given the opportunity to have substantial savings on their income taxes, it is likely that workers in other states will push to get the same tax savings.
If enough states go this route, Congress is likely to change the law. This would be true even if Congress remained in Republican hands since the only people they would be penalizing with this provision would be the small number of high income people living in Republican states affected by the deduction cap.
We are still in the early stages in this battle and Cuomo's proposal is just the first step. But it is important to realize what is at issue. This is not about giving a tax break to higher-income people; it is about preserving the ability for liberal states to pursue progressive policies. At a time when the federal government is controlled by the far right, it is important that liberals use the levers available to them to fight back.
Original published here(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).
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