The fall in New York State tax revenues over the past year has been concentrated among wealthy taxpayers, indicates. Read More
Tag: Taxes and Spending
Well, what do you know? Barely a month after its enactment, New York State's biggest income tax hike since 1961 has already driven away one of the Empire State's wealthiest and most productive residents. Make that former Read More
JetBlue, which employs 800 people at its Queens headquarters, might move the facility out of state in two and a half years to escape New York's high cost of doing business, the Daily News . Read More
With enactment of the 2009-10 New York State budget, "New York will leapfrog New Jersey to claim the mantle of America's worst tax code for business." Read More
Advocates of a continue to attempt to mislead the public about who pays how much of the current state income tax. Read More
In her state of the city address, City Council Speaker Christine Quinn just proposed a 15 to 26 percent hike in the city's income-tax rate for mid-six-figure earners and above. Together with a , the idea would bring New York City's top rate to nearl Read More
Just in time to further debunk claims that the wealthy don't pay their "fair share" of New York State taxes, the Assembly Majority Ways and Means staff has issued a pessimistic new assessment of the economic outlook ("bleak") and revenue forecast (si Read More
Over at , Larry Littlefield has posted a of "the issue no one wants to talk about" — i.e., the extent to which state and federal tax policies favor the old over the young. Read More