Democratic legislative leaders Thursday pushed through a $35 billion budget, which includes a four-year millionaires tax and a one-year corporate income tax increase.
There was drama at the statehouse on Monday. Governor Chris Christie called a special joint session of the Legislature to ask Democrats to pass a tax-cut plan they actually sponsored.
As Gov. Andrew Cuomo plans to present his budget proposal for the coming fiscal year, a state financial report shows the boomlet that appeared briefly in the spring has fizzled.
If you’re among the very, very rich in New York you’ll have to dig deeper to pay the tax man, but for everyone else — and that means most of us – Gov. Andrew Cuomo wants to cut your taxes. It’s hard to believe, but that’s what he’s looking to do.
Gov. Andrew Cuomo is hearing it from upstate and downstate. Protesters, politicians, and union leaders want him to extend the millionaire’s tax.
The push for a higher tax on New Yorkers making more than $1 million a year is getting fresh life with a new poll showing overwhelming support, a high-profile rally on Monday and the strengthening Occupy Wall Street protest in New York City.
President Barack Obama headed to New York on Monday afternoon, just hours after rolling out his controversial plan to raise taxes. The battle is on over how to cut America’s staggering deficit.
Health and pension reforms are the big debatable issues in this year’s Garden State state budget.