New York’s congressional delegation pushes leaders to restore full SALT deduction

By Steve Bittenbender | The Center Square contributorApr 13, 2021 (The Center Square) – Nearly all of New York’s congressional Democrats have told House leaders on Tuesday they will not support any tax increase unless federal lawmakers restore deductions for state and local taxes. All but two of the 19 Democrats representing New York districts signed

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Albany’s Tax-the-Rich Deal Sends Wealthy to Washington Looking for Relief

Greg David, THE CITY This article was originally publishedon Apr 5 at 9:58pm EDTby THE CITY Deals to raise taxes on New York’s millionaires and companies could send both fleeing the state, business leaders and fiscal experts warn — unless Washington steps in and restores some old deductions. Even as legislative leaders and Gov. Andrew

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Business Leaders Warn Tax-the-Rich Bills Will Leave New York Poorer. But Don’t Call it a Threat to Pull Up Stakes…

Greg David, THE CITY This article was originally publishedon Feb 17 at 7:28pm ESTby THE CITY The city’s big-business leaders say they find themselves caught between a rock and a hard place. The rock is the suggestion from leaders in Albany that the only way to stem momentum for an income tax increase on the

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New York residents pay $8,781 per capita in key state tax levies, highest in U.S.

The Center Square/January 25th, 2021 New York residents pay 12.8 percent of their income per capita toward property, income and sales taxes – or $8,781 per person – according to a new study examining tax burdens in the 50 states and the District of Columbia. The share of income paid by New York residents for these

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