Gotham Gazette http://www.gothamgazette.com/component/tags/tag/2373 Wed, 26 Sep 2018 09:31:25 +0000 Joomla! - Open Source Content Management en-gb webmaster@gothamgazette.com (Webmaster) What's The [Data] Point? $9.5 Billion, with Andrew Rein http://www.gothamgazette.com/?id=7544:what-s-the-data-point-9-5-billion-with-andrew-rein http://www.gothamgazette.com/?id=7544:what-s-the-data-point-9-5-billion-with-andrew-rein whats the data point


What's The [Data] Point? Episode 34 -- $9.5 billion with Andrew Rein [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

wtdp rein

$9.5 billion is the new Citizens Budget Commission estimate of the extra taxes New Yorkers will pay due to the cap on the state and local tax deduction, known as the SALT cap, enacted in the federal Tax Cuts and Jobs Act of 2017. The number comes from a new CBC report that looks at the federal tax reform -- which has serious implications for New Yorkers -- and what the city and state should do about it.

Andrew Rein led the writing of the report, which was influenced by a distinguished group convened by CBC right after the federal law was passed in December. Rein has had an amazing career in government, working in high-level positions at the city Department of Education and Department of Health, at the federal Centers for Disease Control and Prevention, and for some major health and healthcare organization.

Listen to the conversation and let us know what you think: Ben Max of GG (@TweetBenMax), Maria Doulis of CBC (@MariaDoulis). Listen below or download wherever you get your podcasts!

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by Ben Max, Gotham Gazette
     

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What's The [Data] Point? $9.5 Billion, with Andrew Rein Sun, 18 Mar 2018 04:00:00 +0000
What’s The [DATA] Point? $67 billion http://www.gothamgazette.com/?id=7309:what-s-the-data-point-67-billion http://www.gothamgazette.com/?id=7309:what-s-the-data-point-67-billion whats the data point


What's The Data Point? Episode 19 -- $67 billion, with Jay Kriegel of Related Companies and Americans Against Double Taxation [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

wtdp 19

$67 billion is the amount of state and local taxes paid that New York State residents deduct from their federal tax returns each year, under a deduction, SALT for short, that has been part of the federal tax code since it began in 1913, but is again being targeted by Republicans in Washington, D.C.

The push to end or drastically limit SALT is part of a larger effort by the Trump administration and congressional Republicans to overhaul the tax code, including a major corporate tax cut and the removal or reduction of other popular deductions, like for medical expense and student loan payments.

New York elected and civic leaders -- including this episode's guest, Jay Kriegel, are vehemently opposed to the effort to reduce SALT. Kriegel explains what's at stake and what he is doing to prevent what many believe would be a catastrophe for New Yorkers, and residents of other states as well.

Listen to the conversation and let us know what you think: Ben Max of GG (@TweetBenMax), Carol Kellerman of CBC (@cbcny), and guest Jay Kriegel (@NoDoubleTax). Listen below or download wherever you get your podcasts!

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by Ben Max, Gotham Gazette
     

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What’s The [DATA] Point? $67 billion Thu, 09 Nov 2017 05:00:00 +0000