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Taxes

Taxes

  • andrew cuomo excelsior

    Gov. Cuomo (photo: Kevin P. Coughlin/Governor's Office)


    Other high-tax states have considered it, but New York just became the first state to actually do it:  revamp its tax code to mitigate the new $10,000 federal cap on deducting state and local taxes (SALT). As part of the new state budget, the Legislature enacted the Governor’s plan for a new voluntary 5% payroll tax New York employers can opt into. It would exempt their employees from paying state income tax, and thereby help keep them below the federal cap.

    But the new payroll tax

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  • whats the data point


    What's The [Data] Point? Episode 34 -- $9.5 billion with Andrew Rein [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    wtdp rein

    $9.5 billion is the new Citizens

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  • 37749459904 8287feee00 z

    (photo via The Governor's Office)


    The recently passed federal tax law will deepen inequality and jeopardize the health and wellbeing of families and individuals across our state. This legislation penalizes New Yorkers by capping the state and local tax (SALT) deduction and will create deficits that are likely to result in catastrophic cuts to the programs they depend on. These tax “cuts” will drive up the national deficit, which will then be cynically used as a rationale for slashing investments in critical programs such as food assistance,

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  • whats the data point


    What's The Data Point? Episode 28 -- $14.3 Billion, with Robert Mujica and Dean Fuleihan [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

    robert mujica cbc panel jan23

    State Budget Director Robert Mujica and New York City First Deputy Mayor Dean Fuleihan spoke at a CBC event on Wednesday, January 24 to discuss the

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  • Cuomo top aides budget

    Gov. Cuomo and top aides (photo: The Governor's Office)


    With the state facing a larger than usual expected budget shortfall for its next fiscal year, Governor Andrew Cuomo has been railing against the devastating impact proposed federal tax reforms would have on New York state finances.

    The controversial reform plan that is still being negotiated in Washington, D.C. would either modify or completely eliminate the ability of New Yorkers to deduct state and local taxes from federal tax burdens and likely have deep economic impact for

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  • picture the homeless vacant lots

    protesting unused vacant property (via @pthny)


    In New York City, the demand for affordable housing far exceeds supply. Seventy percent of the city’s homeless shelter residents are families. Families who should be in homes.

    Now, as the United States House of Representatives and Senate look to

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  • de Blasio subway tax

    De Blasio on the train (Edwin J. Torres/Mayor's Office)


    Amid an ongoing feud -- between the Mayor Bill de Blasio on one side and Governor Andrew Cuomo and the MTA on the other -- over funding for mass transit infrastructure in New York City, 27 New York City Council Members on Thursday announced support for the mayor’s proposal to tax wealthy New Yorkers to raise money for subway and bus improvements.

    The mayor has pitched a tax increase on the top-most earners in the city as part of his “Fair Fix” plan, which would raise about $700

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  • womens march

    (photo: @womensmarch)


    On Tax Day, hundreds of thousands of protesters will take to the streets to demand President Trump release his tax returns and hold the wealthy accountable for taxes that the rest of us pay every year.

    Our group, the Center for Popular Democracy, will be among those calling for a tax system that ensures everyone

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  • election candidates

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  • week in review bus readers

    photo: Stanley Kubrick via Museum of the City of New York


    Gotham Gazette's Week in Review, Friday February 12

    PHOTOS OF THE WEEK: Mayor de Blasio participates in the HOPE Count of homeless people living on the street, via Michael Appleton/Mayor's Office; Council Speaker Melissa Mark-Viverito delivers her State of the City speech, via William

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  • city limits tax rates graph


    When Mayor de Blasio arrived in Albany on Tuesday, he had a lot to talk about: aid to CUNY, cost-sharing for Medicaid, mayoral control of the schools and more. Instead, upstate lawmakers wanted to talk about a property tax cap. New York City is the only place in the state that doesn't have one, and apparently that irks Republicans.

    The property tax is one of the few revenue lines that the city controls on its own. If it wants to raise other taxes, like the income tax, it has to go to Albany for approval. That fact is probably not

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  • Cuomo announcement infrastructure

    Cuomo (photo: Kevin P. Coughlin/Office of the Governor)


    Lawmakers returning to Albany this week to kick off the 2016 legislative session are faced with a litany of unresolved issues from last year and the spectre of the recent convictions of two former legislative leaders.

    Add to that impending elections for all 213 legislative seats, some of which will be critical for the future of state Senate control and the prospect of future indictments hinted at by U.S. Attorney Preet Bharara and you have a recipe for potential

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  • de blasio press conference distance

    De Blasio at a press conference (Ed Reed/Mayoral Photography Office)


    It's hard to go a few hours in New York political circles without hearing a joke about the mayor being late. Mayor de Blasio earned the taunts, having had a punctuality problem, which offended many New Yorkers. These days, de Blasio is almost never late for public events, though, seeming to have corrected what should have been an avoidable mistake of his early tenure.

    Still, nearly two years into his term, de Blasio is dogged by a reputation for tardiness, as well as other

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  • Cuomo Heastie Flanagan

    Heastie, Cuomo, Flanagan (L-R) (photo: Governor's Office via flickr)


    In the Democrat-controlled Assembly, it was 122-13; in the Republican-controlled Senate, 47-12. With those votes and a Governor Andrew Cuomo signature, a final policy package brought an underwhelming end to a tumultuous 2015 legislative session in New York's capital. 

    Look at ...

  • cuomo fair pay

    Gov. Cuomo pushing his minimum wage hike (photo: @NYGovCuomo)


    The middle ground is a particularly familiar place for Governor Andrew Cuomo - and it is where he has put himself in the debate over increasing the state's minimum wage. Cuomo has come under fire this week from electeds and advocates on the left who support a significantly larger increase to the wage than the one Cuomo has proposed and from conservative officials and business groups that oppose any increase whatsoever.

    Cuomo and his proxies have toured the

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