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Opinion: All of New York should worry about Westchester’s slowing housing market

JULY 26, 2018 | by Mayra Rodriguez Valladares | CRAIN’S NEW YORK BUSINESS

 “After New York county, Westchester county has the highest per capita income in New York state. Yet, even this county is not immune to the adverse effects of Trump’s federal tax reform. Westchester residents are putting up their homes for sale since federal tax reform now significantly limits to $10,000 the deduction of local and state taxes. … According to Truth in Accounting, a Chicago-based not-for-profit organization that analyzes municipal finances, New York state has about a $143 billion shortfall …”

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