July 18, 2018

GOOD LUCK WITH THAT: A.G. Underwood And Gov. Cuomo Announce Lawsuit To Protect New York Taxpayers From Drastic Cut In State And Local Tax Deduction. “The lawsuit argues that the new SALT cap was enacted to target New York and similarly situated states, that it interferes with states’ rights to make their own fiscal decisions, and that it will disproportionately harm taxpayers in these states.”

I’m so old, I remember when paying your fair share was patriotic.

More to the point, the relevant law reads: “The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.” And the courts have ruled consistently that the 16th Amendment’s broad powers are, well, really broad.

But if Underwood and Cuomo want to spearhead a movement to repeal the 16th, I’d be cool with that.

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