Published with the permission of Senator Dean G. Skelos – Temporary President and Majority Coalition Leader ‘ (R,C,IP)
In fact, politicians in Washington have enacted a series of recent initiatives that have increased the tax burden on New Yorkers by a staggering $151 billion – or $15 billion annually!
- Obamacare alone includes tax increases that will cost New Yorkers $21 billion over the next 10 years.
- Obamacare will also hit New Yorkers with $65 billion in increased Medicaid costs.
- The new Federal payroll tax increase will also cost New Yorkers $65 billion.
And now — adding insult to injury — some in Congress and the Administration are threatening to make matters even worse!
How? By ending a longstanding policy of allowing taxpayers to deduct their state and local tax liability, including property taxes, from their Federal taxes.
If enacted, this “DOUBLE TAXATION” measure would result in a nearly $15 billion tax increase for New York families. That would work out to an average increase of more than $4,500 per taxpayer, with the average federal tax bill for affected taxpayers increasing by 30 percent!
Please take a moment to sign my new on-line petition urging Federal officials and the White House to reject this unfair proposal to increase our taxes by an average of $4,500 a year.
It’s time for Washington D.C. to stop hurting New York taxpayers!