Illustration by James Steidl
The lawsuit aims to strike down the $10,000 cap on deductions of local property, sales and state income taxes included in the Republican tax law passed last December.
July 17, 2018 at 01:51 PM
1 minute read
New York, with three other states, filed a lawsuit against the federal government Tuesday seeking to remove a cap on state and local tax deductions enacted in the new federal tax law.
The lawsuit aims to strike down the $10,000 cap on deductions of local property, sales and state income taxes included in the Republican tax law passed last December.
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