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From income taxes to payroll taxes: What to know about Cuomo’s plan

FEBRUARY 14, 2018 | by Joseph Spector | DEMOCRAT & CHRONICLE (NEW YORK)

“… Mujica said the plan would be revenue-neutral for the state, but help keep wealthy New Yorkers who would be most affected by the deduction cap from leaving the state, which would be a hit to the state's tax coffers. … But critics said Cuomo isn't taking into account the savings that most New Yorkers will receive under the federal law, such as lower income-tax rates, a near doubling of the standard deduction and a higher child tax credit.”

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