A persistent pandemic-driven downturn has caused revenue from business and personal-income taxes to fall in New York City, while tourism and job losses have yet to recover.
Source: New York Times
N.Y.C. Faces Potential Fiscal Crisis as $10 Billion Budget Deficit Looms
Published in Adams, Eric L, Budgets and Budgeting, Corporate Taxes, Labor and Jobs, New York City, Organized Labor, Politics and Government and Recession and Depression
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