ALBANY — New York’s top two Democrats on Monday said the House GOP’s tax plan is still a bad deal for state taxpayers, despite a “compromise” on the issue of state and local deductions .
In a conference call with reporters, Sen. Chuck Schumer and Gov. Cuomo said the tax plan’s new provisions on state and local taxes don’t go far enough to safeguard New Yorkers.
“President Trump said this is a Christmas gift. If it’s a Christmas gift, New York gets a lump of coal from Santa Trump on this one,” Cuomo said.
Sen. Chuck Schumer speaks with reporters as he leaves a news conference on American labor on Capitol Hill on Nov. 1, 2017.
Schumer said the GOP plan will increase taxes on New Yorkers by $ 16 billion or an average of $ 5,300 a person.