Schumer predicts Trump tax plan will hurt New Yorkers
U.S. Sen. Charles Schumer charged that President Donald Trump’s proposed overhaul of the nation’s tax system is so weighted heavily toward the wealthy at the expense of the middle class that it will wind up hurting New Yorkers.
“President Trump’s plan includes massive tax cuts for the very wealthy, and crumbs — at best — for everyone else,” Schumer said in a statement on Sunday.
Following the release of Trump’s tax plan, Schumer (D-New York) said he would fight to preserve the state and local property tax deductions that would be eliminated under the President’s proposal.