Millionaire's tax

4:08am

Wed March 27, 2013
Politics and Government

Despite early expectations, budget includes tax increase extensions

The new state budget that lawmakers are enacting this week contains a tax package that includes both tax breaks and tax increases. The spending plan comes just two months after Gov. Andrew Cuomo  said there would not be any new taxes in the budget.

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8:52am

Fri March 22, 2013
Politics and Government

Despite agreement, budget talks go on

Even though state lawmakers announced a budget agreement Wednesday, they spent the day Thursday trying to pin down details and print the bills in time to be through over the weekend.

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9:04am

Thu March 21, 2013
Politics and Government

Budget accord reached; lawmakers still filling in details

Gov. Andrew Cuomo and legislative leaders agreed to a framework for a new state budget Wednesday evening, but say they are still working out many of the details.

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7:35am

Wed March 20, 2013
Politics and Government

Lawmakers say weekend budget session increasingly likely

The New York state budget is crawling to a conclusion, as legislative leaders and Gov. Andrew Cuomo continue closed door meetings to try to strike a final deal.

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9:12am

Tue March 19, 2013
Politics and Government

State budget talks to go another day

New York state lawmakers are close to agreeing on a new spending plan that would include a deal to raise taxes on the wealthy and raise the minimum wage.  They failed to seal a pact Monday night, but say they will be back Tuesday morning to try again.

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3:53pm

Mon December 12, 2011
Politics and Government

Governor Cuomo's Change on Tax Policy

Governor Cuomo, in his first day on the job back on January 1st of this year, laid out his position on raising taxes pretty clearly.

“I say no new taxes, period,” Cuomo said on January 1.

 

The governor was answering a question from reporters, in his first media availability as governor, on whether he would support continuing the current surcharge on New Yorkers making $200,000 and up, which includes millionaires and multi-millionaires, when it expires December 31st.  Cuomo expanded on his view point during that session on January 1st.

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10:16am

Mon November 7, 2011
Politics and Government

Governor's office delays mid-year budget report

Governor Cuomo’s budget office has delayed releasing its mid-year budget report and future financial forecast, citing uncertainties over the European debt crisis and delays in collection of some business taxes, due to two hurricanes that hit the state in late summer.

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7:52am

Wed November 2, 2011
Politics and Government

State Assembly Speaker says Millionaire's tax still possible

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Assembly Speaker Sheldon Silver, a supporter of extending the tax on millionaires, says he believes his side can “ultimately” prevail.

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