New York ranks 49th out of 50 states in the Tax Foundation's 2017 State Business Tax Climate Index, released today. (New Jersey seems permanently mired in last place, so we've got that going for us, which is nice.)
The Empire State's overall ranking on the widely noticed index is unchanged from last year, has ranged between 48th and 50th for a decade now, and has been 49 for most of Governor Andrew Cuomo's tenure.
New York's tax climate for key business sectors—with the notable exception of manufacturing—ranks at or near the bottom among 50 states, according to study by the Tax Foundation and the KPMG accounting firm.
If you could vote to reduce your taxes by about 25 percent, but doing so meant you would be responsible for almost doubling what your neighbor pays, what would you choose?
It's the new year, U.S. Congress has opened its 114th session and the New York Legislature is back in Albany to do the people's work.
Your applause is deafening.
We’re No. 4! We’re No. 4!
New York state, that is. And it’s nothing to cheer about.
New York continued to impose one of nation's highest state and local tax burdens relative to income during fiscal 2012, according to data released today by the US Census Bureau.
New York State is increasingly driving away one of the most powerful economic assets to come along in generations — Baby Boomers in their retirement years.
Click headline for data table.