Revenue Projection: One House Budget Tax Proposals
For Immediate Release: March 16, 2023 Press Contact: Monica Klein, press@fiscalpolicy.org Legislature's Tax Proposals Would Raise Between $1.6 – $2.1 Billion Personal income tax proposal would raise approximately $710 million — increase only impacts 0.2% of taxpayers Corporate tax proposals would raise between $930 million – $1.2 billion for transit ALBANY, NY | March 16, 2023 - Following the release of the State Senate and Assembly Budget Proposals, the Fiscal Policy Institute today released annual revenue estimates for the Personal Income Tax, [...]