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Issues and events that shape Long Island's economic and legislative landscape.

Saturday, November 22, 2014

Statement from LIA President & CEO Kevin Law on Gov. Cuomo's efforts to remove deduction limits from President's budget proposal

"While we need to reduce government spending and reduce the federal deficit, it shouldn't be done on the backs of Long Islanders who live in a high cost region and who would be inequitably penalized compared to the rest of the country by President Obama's proposal to cap deductions on items such as mortgage interest and state and local taxes and thus we applaud Governor Cuomo's efforts to ensure this does not occur."