Tag: Taxes and Spending

In his reelection campaign, Cuomo boasts that he has reduced taxes to their lowest level in decades. All three of the New York governors to seek at least a second term since 1978—Democrats Hugh Carey (1975–82) and Mario Cuomo (1983–94) and Republican George Pataki (1995–2006)—also ran for reelection as tax cutters, though all three did more to reduce state taxes than Andrew Cuomo has done, at least so far. Read More

The second of two Election Eve check-in-the-mailbox tax credit gimmicks concocted by state officials in Albany is unfolding this week. Most New York State homeowners outside New York City have received or are about to receive a payment equivalent to roughly 2 percent of their 2014-15 school property taxes—which will average roughly $60 upstate to $150 in downstate suburbs. This is on top of the $350 tax credit sent recently to families that had at least one child under 17 as of 2012. Read More