East Coast Democrat Governors to Sue Feds After Trump Tax Cuts Make Them Pay Their Fair Share
East coast Democrat governors are threatening to sue the federal government after the Trump tax cuts finally will force them to pay their fair share.
For years red state taxpayers have bailed out blue states governments who place a heavy burden on their citizens with hefty state taxes.
Residents of these blue states continue to vote into office tax-and-spend liberal after tax-and-spend liberal.
But thanks to the Trump tax cuts all American taxpayers will no longer be expected to pay off the blue states.
And now the liberal governors of New York, New Jersey and Connecticut are threatening to sue the government for not bailing them out year after year.
New York Democratic Gov. Andrew Cuomo announced Friday that a coalition of East Coast states will sue the federal government over the Trump-signed tax overhaul, in the latest bid to undermine the law that Republicans have cheered.
The states — New York, New Jersey and Connecticut — appear to be taking aim at a provision that limits residents’ state and local tax deduction (SALT) to $10,000. While the law contains sweeping tax rate cuts for businesses and individuals, taxpayers in high-tax states like those in the Northeast are expected to take a hit from the SALT change.
Cuomo called it an “economic missile.”
“The elimination of full state and local deductibility is a blatantly partisan and unlawful attack on New York that uses our hardworking families and tax dollars as a piggy bank to pay for tax cuts for corporations and other states,” Cuomo said in a statement. “This coalition will take the federal government to court to protect our residents from this assault.”
A press release from Cuomo’s office claimed that the elimination of full SALT deductibility will cost New York $14.3 billion.
The move has picked up support from Connecticut Gov. Dannel Malloy and New Jersey Gov. Phil Murphy, who just replaced Chris Christie.