What ever happened to this?
NYS Employer Compensation Expense Program
viewtopic.php?f=8&t=12602"The purpose of the tax is to help employees in NYS deal with the new federal tax law changes which will limit the Federal tax deduction for real estate and income taxes."Also,, from a 2017 discussion about the SALT limit:
viewtopic.php?p=97193#p97193"We are star[t]ing to see in New York seniors making an exit to states such as Florida and Nevada w[h]ere there is no state income taxes."Anecdotally, same thing here in California. But is it true? As they say, the plural of anecdote is not data. Every so often my local paper publishes a letter from some sad sack who feels they have to tell everyone about their decision to leave California, like we're all going to panic over it. I merely hope the door doesn't hit their backside on the way out. For the economy (sixth largest in the world) we need more young people (including immigrants) and fewer old people. Older people who have white privilege and who have managed their fiscal affairs reasonably will have no problem remaining in CA if they wish, despite Republican efforts to punish them because "blue state".
Last edited by
makbo on 16-Jan-2020 8:40am, edited 2 times in total.