Home / Business / NY Plan to Split From Trump Tax Breaks Would Save $1.4 Billion

NY Plan to Split From Trump Tax Breaks Would Save $1.4 Billion

Top New York lawmakers are coalescing around legislation to sever the state’s tax code from business tax breaks included in the federal tax law President Donald Trump signed last July, a move state budget officials expect will preserve $1.4 billion in revenue.

Top New York lawmakers are coalescing around legislation to sever the state’s tax code from business tax breaks included in the federal tax law President Donald Trump signed last July, a move state budget officials expect will preserve $1.4 billion i… [405 chars]

Source: Bloomberg Tax News | Published: 2026-01-21T23:36:21Z

Credit: Bloomberg Tax News

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