Similar Stories to Schumer Pushes To Preserve Tax Deductions For Middle Class on Bing News

National/International Headline List General Wire, San Antonio Express-News: World
Sat, 04/29/2017 - 9:26pm

Schumer says reductions or removal of the deductions would hit New York especially hard due to local cost of living and higher local property tax burden. Under the current system, taxpayers who itemize deductions on their federal income tax returns can deduct state and local real estate and personal property taxes as well as either income taxes or general sales taxes.

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Topics:  new york   schumer   tax   deductions   local   income   property   
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