WENY News - Capitol Watch: Cuomo on Taxes, Thruway improvements

Capitol Watch: Cuomo on Taxes, Thruway improvements

Posted: Updated:

ALBANY, N.Y. (AP) - Democratic Gov. Andrew Cuomo is taking a look at the state's tax code following the enactment of the Republican tax overhaul in Washington.
The governor says he wants to soften the blow of the federal overhaul, which sharply limits a deduction for state and local taxes. Under the new rules, many New Yorkers will see increases in their overall tax bill.
Cuomo says he's weighing various ideas, including taxes on employers and investment gains, that would allow the state to reduce taxes on those harmed by the federal law. Details are expected later this month.
Meanwhile, changes could be coming to the New York Thruway. Cuomo wants to expand cashless tolling and says the Thruway's service plazas are in "dire need" of upgrades.

Powered by Frankly
All content © Copyright 2000 - 2018 Frankly and WENY. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.