New tax data reveal a steep population loss in 2020, toward the start of the pandemic. The exodus was temporary, but how much of its effects could be permanent? Source: New York Times
Posts published in “Income Tax”
Supreme Court Won’t Hear Case on Limit to State and Local Tax Deductions
By Gotham Rex on April 18, 2022
New York and three other states had argued that the so-called SALT cap imposed as part of a sweeping tax law in 2017 infringed on their sovereignty. Source: New York Times
Trump Organization and Allen Weisselberg Seek Dismissal of Fraud Charges
By Gotham Rex on February 22, 2022
In court papers, the former president’s family business and Allen Weisselberg, its longtime chief financial officer, called the case against them politically motivated. Source: New York Times
Trump Organization Indictment: What We Know
By Gotham Rex on July 1, 2021
Charges against the former president’s company and a top executive, explained. Source: New York Times
Top Trump Executive Allen Weisselberg Surrenders to Face Charges
By Gotham Rex on July 1, 2021
The Trump Organization and Mr. Weisselberg have been indicted in connection with a tax investigation and are expected to appear in court later Thursday. Source: New York Times
Weisselberg, ‘Soldier’ for Trump, Faces Charges and Test of His Loyalty
By Gotham Rex on June 30, 2021
The Trump Organization executive is expected to be charged on Thursday, along with the company, as he comes under increasing pressure to turn on the family. Source: New York Times
Trump Organization Lawyers Meet With Manhattan Prosecutors
By Gotham Rex on June 28, 2021
An indictment against the business, the Trump Organization, and a top executive, Allen Weisselberg, could come as soon as this week in Manhattan. Source: New York Times
New York Is Taxing the Rich. Here’s Who Made That Happen.
By Gotham Rex on April 9, 2021
A budget that spends on education, homelessness and undocumented immigrants is the product of years of progressive politics, not a governor looking for a diversion. Source: New York Times
What N.Y. State’s Budget Means
By Gotham Rex on April 7, 2021
Gov. Andrew Cuomo and the Legislature have agreed on a budget that will raise taxes on the wealthy and help those devastated by the pandemic. Source: New York Times
NY Reaches Deal on $212 Billion Budget to Jump-Start Economic Recovery
By Gotham Rex on April 6, 2021
Gov. Andrew M. Cuomo and the Legislature have agreed to raise taxes on the wealthy and give aid to renters, businesses and undocumented immigrants. Source: New York Times
New York State Is Set to Raise Taxes on Those Earning Over $1 Million
By Gotham Rex on April 5, 2021
The deal, a sign of Gov. Andrew Cuomo’s weakened influence, would mean wealthy New York City residents would pay the highest combined local tax rate in the nation. Source: New York Times
Trump Taxes: Here's What's Next in the Manhattan D.A.'s Investigation
By Gotham Rex on February 22, 2021
A Supreme Court ruling has paved the way for prosecutors to begin combing through Mr. Trump’s financial records. Source: New York Times
Manhattan D.A. Intensifies Investigation of Trump
By Gotham Rex on December 11, 2020
Prosecutors have recently interviewed employees of President Trump’s lender and insurance brokerage, in the latest indication that he still faces the potential threat of criminal charges once he leaves office. Source: New York Times
Trump Tax Write-Offs Are Ensnared in 2 New York Fraud Investigations
By Gotham Rex on November 19, 2020
Inquiries into the president and his businesses, one criminal and one civil, are now looking at tax deductions taken on consulting fees. Some of the payments appear to have gone to Ivanka Trump. Source: New York Times
As Soon as Trump Leaves Office, He Faces Greater Risk of Prosecution
By Gotham Rex on November 13, 2020
The president is more vulnerable than ever to an investigation into his business practices and taxes. Source: New York Times