As the state budget process progresses, both houses released their one-house budget proposals which include increased taxes for top earners and corporations. Critics contend these tax reforms are not needed due to federal aid. Advocates point out the long-standing need for tax reform to set the state on the right course.

“The legislature’s proposals recognize the need for support to ensure all New Yorkers can live, work, access health care, and receive a sound education,” the labor-backed Fiscal Policy Institute said.

Read the Newsday article “Tax opponents wonder if they still can count on Gov. Cuomo”

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

Share on Social Media!

As the state budget process progresses, both houses released their one-house budget proposals which include increased taxes for top earners and corporations. Critics contend these tax reforms are not needed due to federal aid. Advocates point out the long-standing need for tax reform to set the state on the right course.

“The legislature’s proposals recognize the need for support to ensure all New Yorkers can live, work, access health care, and receive a sound education,” the labor-backed Fiscal Policy Institute said.

Read the Newsday article “Tax opponents wonder if they still can count on Gov. Cuomo”

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

Share on Social Media!