With Assemblywoman Amy Paulin taking the lead, a bipartisan group of state, county, municipal, and school officials have joined together to defend the tax deductibility of charitable contributions. This is a matter of urgent importance to taxpayers in our region, in light of recent changes in federal tax law that sharply limit state and local deductions. There is more information in this press release, and here is the full legal argument from our attorneys. It is difficult to gauge the likelihood of success, but the financial implications are large enough to justify our collective effort.
