Gov. Cuomo urges Trump to rethink tax changes

Posted: Updated:

WASHINGTON (AP) - New York Gov. Andrew Cuomo visited the White House on Tuesday to urge President Donald Trump to rethink a provision in the 2017 tax overhaul that Cuomo says is prompting a sharp decline in state revenues.

Democrat Cuomo met with the Republican president to discuss the $10,000 cap on the federal deduction for state and local taxes.

Cuomo said the cap is prompting wealthy residents to flee New York and contributing to a recent drop of more than $2 billion in tax receipts.

Trump has praised the tax changes but said recently he has heard it's causing problems for some New Yorkers. Residents in states like New York, New Jersey and California could see substantial increases in their federal tax bills this year because of the deduction cap.

But prospects for new tax legislation are weak, given the Republican majority in the Senate and concern over the potential for increasing the deficit without corresponding new revenue sources.

Michael Zona, a spokesman for Republicans on the Senate Finance Committee, said the committee won't be revisiting the SALT deduction changes under Republican Sen. Charles Grassley's leadership.

"It's ironic that the same Democrats who criticized the Tax Cuts and Jobs Act for supposedly benefiting only the wealthy are now advocating for a change to the law that would primarily benefit the wealthy," Zona said.

Cuomo, who planned to return to New York Tuesday evening, said he was hopeful the cap could be repealed now that Democrats control the U.S. House.

"This is not an academic discussion, my friends. This is real life," Cuomo told reporters Monday when he announced the trip. "This changes the economic trajectory of the state. People are mobile. And they will go to a better tax environment."

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Power & PoliticsMore>>

  • Officials: US to send 1,500 troops to Middle East

    Officials: US to send 1,500 troops to Middle East

    Friday, May 24 2019 12:23 PM EDT2019-05-24 16:23:31 GMT
    Officials said members of Congress were notified following a White House meeting Thursday to discuss Pentagon proposals to bolster the U.S. force presence in the Middle East.
    Officials said members of Congress were notified following a White House meeting Thursday to discuss Pentagon proposals to bolster the U.S. force presence in the Middle East.
  • Power & Politics: State Sen. John Brooks

    Power & Politics: State Sen. John Brooks

    Thursday, May 23 2019 10:19 PM EDT2019-05-24 02:19:31 GMT
    State Sen. John Brooks stopped by the News 12 studio to answer viewer questions and cover topics such as veterans' issues, school funding, tax relief and more.
    State Sen. John Brooks stopped by the News 12 studio to answer viewer questions and cover topics such as veterans' issues, school funding, tax relief and more.
  • Trump meeting with Dems goes bust in a flash

    Trump meeting with Dems goes bust in a flash

    Wednesday, May 22 2019 8:52 PM EDT2019-05-23 00:52:15 GMT
    Prospects for passing a large infrastructure bill evaporated Wednesday as Trump announced that he won't work with Democratic lawmakers on policy while they continue to investigate him.
    Prospects for passing a large infrastructure bill evaporated Wednesday as Trump announced that he won't work with Democratic lawmakers on policy while they continue to investigate him.
  • SlideshowsGalleriesMore>>

  • Live-action 'Aladdin' film flies into theaters

    Live-action 'Aladdin' film flies into theaters

    The live-action Aladdin film flew into theaters Friday.
    The live-action Aladdin film flew into theaters Friday.
  • Dog Day Fridays for May 24

    Dog Day Fridays for May 24

    Friday, May 24 2019 10:42 AM EDT2019-05-24 14:42:57 GMT
    This week's dogs are up for adoption at Almost Home Animal Rescue & Adoption. The shelter is located at 646 Medford Ave. in Patchogue. Their phone number is (631) 627-3665.This week's dogs are up for adoption at Almost Home Animal Rescue & Adoption. The shelter is located at 646 Medford Ave. in Patchogue. Their phone number is (631) 627-3665.
    This week's dogs are up for adoption at Almost Home Animal Rescue & Adoption. The shelter is located at 646 Medford Ave. in Patchogue. Their phone number is (631) 627-3665.This week's dogs are up for adoption at Almost Home Animal Rescue & Adoption. The shelter is located at 646 Medford Ave. in Patchogue. Their phone number is (631) 627-3665.
    This week's dogs are up for adoption at Almost Home Animal Rescue & Adoption. The shelter is located at 646 Medford Ave. in Patchogue. Their phone number is (631) 627-3665.
    This week's dogs are up for adoption at Almost Home Animal Rescue & Adoption. The shelter is located at 646 Medford Ave. in Patchogue. Their phone number is (631) 627-3665.
  • 2019 Fleet Week New York

    2019 Fleet Week New York

    Fleet Week New York started May 22. This year marks the 31st annual event that features a week filled of activities, themed events and live demonstrations.Fleet Week New York started May 22. This year marks the 31st annual event that features a week filled of activities, themed events and live demonstrations.
    Fleet Week New York started May 22. This year marks the 31st annual event that features a week filled of activities, themed events and live demonstrations.Fleet Week New York started May 22. This year marks the 31st annual event that features a week filled of activities, themed events and live demonstrations.
    Fleet Week New York started May 22. This year marks the 31st annual event that features a week filled of activities, themed events and live demonstrations.
    Fleet Week New York started May 22. This year marks the 31st annual event that features a week filled of activities, themed events and live demonstrations.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."