The New York State Senate passed its one-house budget resolution which includes raising the tax rate on those earning over $1 million a year. The Assembly supports this tax reform as well.

“Big challenges require bold action and demand a combination of transformative vision and concrete commonsense response,” said Jonas Shaende, chief economist for the Fiscal Policy Institute, a liberal think tank in Albany.  “The Legislature’s proposals show their willingness to consider a broad array of measures to ensure New Yorkers’ health and well-being.”

Read the Gannett article which appears in lohud and The Evening Journal

Published On: March 16th, 2021|Categories: Economic Trends & Policy, FPI in the News, NYS Budget, NYS Tax Policy, Tax & Budget|

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The New York State Senate passed its one-house budget resolution which includes raising the tax rate on those earning over $1 million a year. The Assembly supports this tax reform as well.

“Big challenges require bold action and demand a combination of transformative vision and concrete commonsense response,” said Jonas Shaende, chief economist for the Fiscal Policy Institute, a liberal think tank in Albany.  “The Legislature’s proposals show their willingness to consider a broad array of measures to ensure New Yorkers’ health and well-being.”

Read the Gannett article which appears in lohud and The Evening Journal

Published On: March 16th, 2021|Categories: Economic Trends & Policy, FPI in the News, NYS Budget, NYS Tax Policy, Tax & Budget|

Share on Social Media!