Gov. Cuomo says no budget deal without permanent tax cap

State News

New York Governor Andrew Cuomo says he will not sign this year’s budget without a permanent tax cap.

He also says MTA reform, criminal justice reform, ethics, and campaign finance reform must also be in the budget.

On Monday, Gov. Cuomo and several officials made comments about the budget at the Capitol. He says the state is facing a $3.8 billion in revenue reductions over the next two years.

Cuomo says he’s no longer confident marijuana reform along with taxation will be done by budget due date of April 1.

Officials discussed the status of the state budget and says the state is at a tipping point due to State and Local Tax Deduction (SALT) that’s part of President Donald Trump’s tax reform law.

He plans to make repealing SALT a top priority and traveling the country to get the policy changed.

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