-Massena Daily Courier
ALBANY — Gov. Andrew M. Cuomo unveiled 30-day amendments to his FY 2019 executive budget proposal Monday, including an adjustment to his proposal to shift reliance on income taxes to payroll taxes.
In an effort to stave off an increase for New Yorkers brought through the federal tax reform law that went into effect this year, Gov. Cuomo proposed in his executive budget a rewrite of the state tax code to rely more on employer payroll taxes rather than income taxes from employees. This was in direct response to the federal tax plan’s capping of state and local tax deductions at $10,000, which the governor has said will drastically increase taxes for state residents.