12.31.17 – Felder comments on New York state response to Congressional tax bill

In a Dec. 31 story, Hamodia reported that State Sen. Felder spoke at a public “Hamodia Events” meeting that covered “the new tax bill passed by the Republicans and signed by President Trump shortly before the end of 2017; as well as the bitcoin and cryptocurrency craze sweeping the world. ”

From the story:

Following a brief overview of the history of the U.S. tax code, Mr. Roth handed the microphone over to Mr. Shulem Rosenbaum, senior manager at Roth & Co., who spoke for close to 20 minutes on the intricacies of how the new tax law would affect taxpayers beginning in 2018. At one point, he acknowledged State Senator Simcha Felder, who was in attendance, for his efforts in the State Senate on a bill that would issue tax credits to New Yorkers who would suffer a loss due to the elimination of the state and local taxes (SALT) deduction. (Mr. Felder later took the microphone briefly to stress his conviction that these efforts won’t be for naught and some corrective measure will be coming out of Albany soon.) He also noted the contribution of U.S. Senators Marco Rubio, Mike Lee and Tim Scott to the final tax bill which doubled the child tax credit from $1,000 to $2,000 and made $1,400 of that refundable to low-income families.

Read the full story at Hamodia here.

— Posted on 1.1.18 by JVS, backdated to 12.31.17

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