New York governor questions the constitutionality of federal tax overhaul (Page 2): Laughing at me? Why would they do that when they have you... The Court Jester.

Blurryeyed Loc: NC Mountains.

dirtpusher wrote:

Lol wow you getting crazier by the day. Then use a taxation of a pack of cigs. Wow lol
Those taxation are labeled as to what are raised to an why. Not on the tax on value. Lol you just clueless still an again. Lol

Laughing at me? Why would they do that when they have you... The Court Jester.

Frank T Loc: New York, NY

[quote=Blurryeyed]Cuomo is an idiot much as you are... There is nothing in the constitution which demands that state taxes be deductible from federal taxes, the fact that he was stupid enough to say that there has never been double taxation in the US shows that he has suffered brain death, I am quite sure that the good people of New York don't get to deduct their federal taxes from their state returns, so just what the hell is Cuomo talking about, is that not the same double taxation that the idiot is decrying in the federal code? How about cigarettes, does he not consider placing a sales tax on the full value of a pack of cigarettes double taxation because about 1/2 or more of the cost of a pack of cigarettes consists of state, federal, and local taxes.

Cuomo, just another dem for us to laugh at.[/q

Blurry, Perhaps your posts would be better received if you didn't start each one off with a personal insult.
I think your analogy of cigarette tax is a bit inappropriate. Now neither I nor you are constitutional lawyers but what Cuomo is talking about is basically taxing a tax.
Don't know what the outcome will be but I wouldn't jump the gun on either side of that ruling, if there is one.

Blurryeyed Loc: NC Mountains.

Frank T wrote:

Blurry, Perhaps your posts would be better received if you didn't start each one off with a personal insult.
I think your analogy of cigarette tax is a bit inappropriate. Now neither I nor you are constitutional lawyers but what Cuomo is talking about is basically taxing a tax.
Don't know what the outcome will be but I wouldn't jump the gun on either side of that ruling, if there is one.

Does Cuomo not tax federal taxes paid to the IRS? Are you able to deduct your federal taxes from your state return? I also think that the cigarette analogy is a perfect example of states all over the country taxing taxes, how is the concept different? I know that people don't like cigarettes, but for me it is the perfect example of taxing taxes and is that not the complaint that Cuomo is lodging against the federal government.

I have read the constitution several times and the court system would have to be pretty creative to give Cuomo's concerns more than a moment of consideration.

Frank T Loc: New York, NY

Blurryeyed wrote:

Does Cuomo not tax federal taxes paid to the IRS? ... (show quote)

Not sure where you got that idea but New York State does not tax your Federal Taxes. They tax your income. You're conflating two separate issues in your zeal to defend this bill.
Until you get a JD after your name, I would let the courts decide.

letmedance Loc: Walnut, Ca.

Frank T wrote:

Not sure where you got that idea but New York State does not tax your Federal Taxes. They tax your income. You're conflating two separate issues in your zeal to defend this bill.
Until you get a JD after your name, I would let the courts decide.

Does N.Y. allow you to deduct federal taxes paid from your adjusted income?

Frank T Loc: New York, NY

letmedance wrote:

Does N.Y. allow you to deduct federal taxes paid from your adjusted income?

Again, that's not the point. No, NY does not allow that nor do the feds allow you to deduct your state income tax on your federal return.
This is about property taxes, not income.
I admit I don't know the answer to this but you folks on the right who post here are apparently all Justices on the Supreme Court.
Congratulations.

dirtpusher Loc: tulsa oklahoma

WNYShooter wrote:

A. Cuomo actually makes his father look ethical, a... (show quote)

Lol you should be happy they did Jack up cost of cigs. It will help hold down Heath cost. Since that is where that tax is
Desigined in that bill to go directly to Heath care. Aren't you aware of anything. You'll never make it as a writer for SNL

dirtpusher Loc: tulsa oklahoma

letmedance wrote:

Does N.Y. allow you to deduct federal taxes paid from your adjusted income?

Won't with this new inflation adjustments in the tax code in this new tax bill.

WNYShooter Loc: WNY

Frank T wrote:

Again, that's not the point. No, NY does not allow that nor do the feds allow you to deduct your state income tax on your federal return.
This is about property taxes, not income.

You are completely wrong, you can deduct ALL State and Local income taxes if you itemize, and the only time you wouldn't, would be when your receipts for sales tax paid is greater, the Fed allows you to deduct one or the other, just not both. It's done on Schedule A of your 1040.

WNYShooter Loc: WNY

dirtpusher wrote:

Lol you should be happy they did Jack up cost of cigs. It will help hold down Heath cost. Since that is where that tax is
Desigined in that bill to go directly to Heath care. Aren't you aware of anything. You'll never make it as a writer for SNL

Both the excise and sales tax from tobacco go into the general fund here in NYS. Maybe you should stick to something you actually know about, I'm sure there is something out there.

dirtpusher Loc: tulsa oklahoma

WNYShooter wrote:

Both the excise and sales tax from tobacco go into the general fund here in NYS. Maybe you should stick to something you actually know about, I'm sure there is something out there.

Lol you better read up on the Heath bill the pushed through specifing those taxes go to health care of smokers.your your uninformed still.

Blurryeyed Loc: NC Mountains.

Frank T wrote:

Again, that's not the point. No, NY does not allow that nor do the feds allow you to deduct your state income tax on your federal return.
This is about property taxes, not income.
I admit I don't know the answer to this but you folks on the right who post here are apparently all Justices on the Supreme Court.
Congratulations.

SteveR Loc: Michigan

Let's see, the cap on the deduction for property taxes is $10,000. In other words....those being affected are those with really nice houses, i.e, the rich. What some are paying in property tax could provide housing for a lot of others. Forgive me if I'm not crying into my sleeve for these "poor" Californians and New Yorkers. Hah!!

letmedance Loc: Walnut, Ca.

Frank T wrote:

Again, that's not the point. No, NY does not allow that nor do the feds allow you to deduct your state income tax on your federal return.
This is about property taxes, not income.
I admit I don't know the answer to this but you folks on the right who post here are apparently all Justices on the Supreme Court.
Congratulations.

Frank,
I merely asked a question, don't get all knotted up over it. Thanks for the answer.
Happy new Year.

Blurryeyed Loc: NC Mountains.

Frank T wrote:

Again, that's not the point. No, NY does not allow that nor do the feds allow you to deduct your state income tax on your federal return.
This is about property taxes, not income.
I admit I don't know the answer to this but you folks on the right who post here are apparently all Justices on the Supreme Court.
Congratulations.

Frank, you are just wrong, maybe you don't itemize so you have never paid attention to the tax law regarding State and Local income tax.. But, here it is directly from the IRS....

If you file a Form 1040, and itemize deductions on Schedule A, you have the option of claiming either state and local income taxes or state and local sales taxes (you can’t claim both). If you saved your receipts throughout the year, you can add up the total amount of sales taxes you actually paid and claim that amount.

http://www.irs.gov/credits-deductions/individuals/sales-tax-deduction-calculator

The point I made earlier is that I am pretty sure that your state does not allow you to deduct your federal income taxes paid against their state income taxes, so Cuomo is taxing the tax money you pay to the IRS, kinda crappy when you think about it because that money was never yours to begin with, but setting that aside, this is no different than what he is saying that the federal government will be doing under the new tax bill.

Cuomo is just making noise so that folks like you will think that he is doing a good job standing up to the president that you don't care for.