Tag: Andrew Cuomo

Now that the state has enacted its biggest personal income tax cut since the mid-1990s, a prime task facing Governor Andrew Cuomo and the Legislature next year will be figuring out how to accommodate the tax cut in future budgets. Read More

New York's budget for fiscal 2017 includes the state's biggest and broadest personal income tax cut since the mid-1990s. Equally significant, the income tax section (Part TT) of the budget's revenue bill decouples the previously temporary cuts in middle-income brackets, which will now be expanded and extended permanently, from the state's "millionaire tax," which is still due to expire at the end of 2017. Read More

In their budget bills, state Assembly Democrats and Senate Republicans both had the good sense to reject one of the most egregious fiscal-political gimmicks ever to emerge from Governor Andrew Cuomo: a temporary income tax credit that would have reimbursed a portion of Thruway tolls paid by New York State residents and businesses. Read More

"Spending cap? What spending cap?" In effect, that's the state Assembly's opening public bid in state budget negotiations with Gov. Andrew Cuomo for the fiscal year that starts April 1. Read More

Governor Cuomo kicked off his RV tour around the state to push for a higher minimum wage this week. They’re calling it the “Drive for 15″, a play on words to the Fight for 15 campaign. Cuomo continues to say that a higher minimum wage would boost the economy without causing layoffs or price increases. E.J. McMahon disagrees with the governor, who mentioned him by name during an event this week. McMahon joins us to discuss. Read More