Home tax de­duc­tion de­fended by Schumer

The Buffalo News - - CONTINUED FROM THE COVER - – Newsday

ROCKVILLE CEN­TRE – Sen­ate Mi­nor­ity Leader Charles E. Schumer vis­ited a Rockville Cen­tre fam­ily Thurs­day morn­ing as he called for New York rep­re­sen­ta­tives to vote against a GOP tax bill that would elim­i­nate state and lo­cal tax de­duc­tions for home­own­ers.

Though the fi­nal bill is still un­der dis­cus­sion, elim­i­nat­ing the de­duc­tion is a real pos­si­bil­ity.

At a news con­fer­ence at the home of Mau­reen and Jeff Orosz, a Rockville Cen­tre fam­ily that he said de­pends on the mort­gage de­duc­tion, Schumer urged all New York rep­re­sen­ta­tives to vote against any bill that ex­cludes prop­er­ty­tax de­duc­tions. “It’s a punch in the gut to mid­dle-class fam­i­lies across New York,” Schumer, D-N.Y., said. “It’s not good enough for rep­re­sen­ta­tives to say, ‘I’m against it.’ You can’t vote for any bill that has it.”

Schumer said he’s in fa­vor of re­form, but not tax breaks for the rich and mea­sures that hurt the mid­dle class. He said the bill would hit Long Is­land hard­est among re­gions in New York State, cost­ing 47 per­cent of Long Is­landers an av­er­age tax de­duc­tion of $19,886. “I’ve told the pres­i­dent three times if he doesn’t undo this tax re­form it will fail. There won’t be enough votes, so maybe it’s sink­ing in.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.