A Democrat, he had successes on gun control, the environment and property-tax relief, but after raising income and sales taxes, he lost a bid for re-election. Source: New York Times
Posts published in “Taxation”
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
Finally, the State Has a Budget Deal
By Gotham Rex on April 8, 2022
The agreement would allow judges to impose bail in more cases, give the biggest subsidy ever to an N.F.L. team and add billions for child care. Source: New York Times
Is a Gas Tax Holiday on the Agenda in Albany?
By Gotham Rex on March 31, 2022
Giving drivers a break from gas taxes is good politics. But leaders debate whether it’s good policy. Source: New York Times
New York Weighs a Gas Tax Holiday, a Popular ‘Bad Idea’
By Gotham Rex on March 30, 2022
With deadlock on many major issues, a proposal to provide relief to motorists has picked up steam. Source: New York Times
Kathy Hochul Unveils Record $216 Billion Budget Plan for NY
By Gotham Rex on January 18, 2022
Gov. Kathy Hochul unveiled a record-setting new budget plan, as state officials project balanced budgets through 2027, with none of the typical warnings of billion-dollar shortfalls. Source: New York Times
Kathy Hochul Gives Her First State of the State Speech
By Gotham Rex on January 5, 2022
Gov. Kathy Hochul pledged $10 billion to boost the state’s decimated health care work force, proposed a new transit line, and directed funds to combat gun violence. Source: New York Times
Will Murphy Turn to the Center After Barely Winning Re-Election in N.J.?
By Gotham Rex on November 4, 2021
The Democratic governor won re-election in a surprisingly close race that has raised questions about his ability to enact liberal measures on gun control and abortion. 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 Executive Could Face Charges as Soon as This Summer
By Gotham Rex on June 15, 2021
An investigation into Allen Weisselberg, the Trump Organization’s finance chief, appears to be heading into its final stages as prosecutors increase pressure on him. 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
Is New York Finally Ready to Tax the Rich?
By Gotham Rex on February 27, 2021
After the pandemic’s economic devastation, legislators are coming around to the idea. Source: New York Times