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The number of New York residents with incomes above $1 million hit a new high in the Wall Street boom year of 2021—but the state's share of all U.S. income millionaires dropped lower, according to new Internal Revenue Service (IRS) data released to Read More

New York’s “cap and invest” program (NYCI), a central part of the state’s efforts to reduce greenhouse gas emissions, appears designed to hold back much of the program’s sticker-shock until January 2027—after the 2026 election. Read More