The GOP tax bill is a slap in the face of NYC. It's basically an attack on Blue States in general but of course NYC has some of the highest local and state taxes in the country and we are no longer able to deduct them.
And for what? To lower the tax rate on US companies while the S&P is at record highs, they are sitting on record cash balances, and none of them really pay the headline tax rate in any case.
The bill also makes the tax code more complicated, probably has little economic impact, and runs up the deficit while we should be paying it down - the time to build arks is when it's not raining.
If you live in NY, you should have three words for Trump: Not Welcome Here.
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