Latest IRS Data Reveal Fundamental Mismatch Between New York’s Income Distribution and Its Tax System

August 6, 2008. New data from the Internal Revenue Service bolster the case for a high-end income tax surcharge in New York. New York is one of ten states that have income distributions that particularly favor the wealthy few – while the progressivity of the state income tax has been weakened since the 1990s. With the state facing a budget deficit and political leaders seeking a way to pay for effective and immediate property tax relief, this is especially timely news. Press release with NYS and national data >>

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