Suit claims cap on deduction for state and local taxes violates equal state sovereignty–ABA Journal

BY DEBRA CASSENS WEISS

Four states filed a lawsuit Tuesday that contends the $10,000 cap on federal tax deductions for state and local taxes is unprecedented and unconstitutional.

The states of New York, Connecticut, Maryland and New Jersey filed the lawsuit in federal court in Manhattan, report the Wall Street JournalForbes and Courthouse News Service. A press release is here.

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July 5th, 2018 Decision of NYS Court for NY County, Justice Rakower

Decision and order of Justice Rakower annulling NYS Insurance Regulation 208.  Appeal by NYS in process; but no stay issued to date.