taxes

Senator Kirsten Gillibrand is optimistic that the President Barack Obama and leadership of the House of Representatives will cut a deal to prevent the so-called "fiscal cliff."  New York's junior senator predicted there would be progress soon during a visit to Syracuse Friday.

Schumer: compromise is key to avoiding fiscal cliff

Nov 13, 2012

The focus in Washington, D.C. is now on the so-called "fiscal cliff," which describes the automatic budget cuts and tax hikes that are scheduled to go into effect at the end of the year if Congress and the president don't come to an agreement to reduce the deficit.  Senator Charles Schumer (D-NY) is among those saying that the election was a mandate for compromise.

U.S. Senator Charles Schumer is skeptical about the latest compromise being discussed in Washington to avoid the so-called fiscal cliff. Schumer expects a deal to be done by the end of the year, but says he won't support what's under discussion now.

Profits on Wall Street are going to be up this year, according to a new report from the New York state comptroller, but are still below their pre-recession highs. The report also finds fewer job losses in the securities industry, and many economic uncertainties ahead.

The debate over extending the Bush-era tax cuts is very much an issue in the race for the 24th Congressional district.   Democrat Dan Maffei is criticizing incumbent Ann Marie Buerkle's support for keeping the tax cuts in place for everyone.

Congress took up more than one controversial measure this week before it goes on August recess today. One is the debate over extending the Bush-era tax rates. WRVO's Catherine Loper spoke with central New York Congresswoman Ann Marie Buerkle about the controversial policy.

Ellen Abbott / WRVO

Central New York Congressman Richard Hanna is hoping to help small farmers create more jobs.  He wants to tweak a portion of the tax code that was initially meant to help small farmers.

Governor Andrew Cuomo is running television ads proclaiming New York’s business friendliness, but a recent set of rankings finds the state dead last in that category. The truth likely lies somewhere in between.

Ryan Delaney / WRVO

Nick Matt ducks into side doors and up staircases while rattling off the history of the F.X. Matt Brewery in Utica.

The brew house is like a second home to Matt because it was his grandfather, F.X., who first opened the brewery 124 years ago.

If you're racking your brain to see if you've ever heard of F.X. Matt Brewery, try this: they make Saranac ales and lagers. For the older generations, does Utica Club ring a bell?

Think your property taxes are too high?

Today's the day you can try to get those taxes down, by way of lowering what the town thinks your home is worth.

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