The Herald has editorialized a half-dozen times on Long Island’s desperate need to restore the federal income-tax deduction for state and local taxes . . .
more
12/9/21
|
The Biden administration has rightly proposed a massive $1.7 trillion infrastructure bill, dubbed the American Jobs Plan, to repair and restore . . .
more
6/3/21
|
We will need years, if not decades, to unravel and repair the damage that President Trump has done to the nation with his politics and policies.
more
1/21/21
|
In December 2017, Congress passed the Tax Cuts and Jobs Act, pushed by President Trump throughout his first year in office. The act limited the deduction for state and local taxes — previously unlimited — to $10,000.
more
10/1/20
|
U.S. Rep. Tom Suozzi, a Democrat from Glen Cove, has campaigned relentlessly to eliminate the $10,000 cap on deductions of state and local taxes imposed by the 2017 Tax Cuts and Jobs Act, which President Trump shepherded through Congress.
more
7/31/20
|
In 2017, President Trump and a Republican-controlled Congress passed the Tax Cuts and Jobs Act. It was supposed to supercharge the economy, bringing new manufacturing jobs to hard-hit areas, and no doubt, it brought some success.
more
3/26/20
|
In the coming weeks, many of us will be busy with — that is, distracted by — holiday preparations. December has traditionally been a time to tune out Washington political wrangling. This year is no time to check out, however.
more
11/30/17
|
As Congress takes up the issue of tax reform, it would do well to look back to a successful tax overhaul that should be the guide for getting it done right again this time.
more
10/13/17
|
There was a grand old party on Election Day, as voters sent President Obama and his party a message: They’re fed up with the political rhetoric and want action.
more
11/13/14
|
Somehow, some way, in the next week, New York state will have a new budget. Almost all of the details will remain out of the public eye until the very last moment, and that’s probably a good thing.
more
3/27/14
|