Issues: Income Tax

State Passes Fiscally Responsible Budget That Respects Taxpayers

Budget Comes Early, Controls Spending and Holds The Line On Taxes

Senator Patrick M. Gallivan hailed the 2012 state budget today as lawmakers approved the spending plan ahead of the April 1st deadline, marking the second consecutive year New York State will enact an on-time budget.

“Passing a second on-time budget in as many years is indicative of the larger progress we’ve seen lately in Albany. Just as late budgets were once a symbol of dysfunction, on-time budgets are symbolic of continued progress,” the Senator said. “Even more important than passing an on-time budget, is that we passed a fiscally responsible budget that respects New York’s taxpayers and keeps the State moving forward.”

April 3, 2012
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Governor Cuomo and Legislative Leaders Announce Agreement on 2012-13 State Budget

Governor Cuomo released the following announcement on March 27, 2012:

The Budget continues the Governor’s commitment to fiscal responsibility while creating jobs and strengthening communities across the state. It closes a multi-billion dollar deficit with no new taxes, fees or gimmicks, limits spending growth to two percent or below for the second year in a row, and launches the New York Works Task Force to invest billions of dollars to rebuild the state's roads, bridges, parks, and other infrastructure and create tens of thousands of jobs.

March 29, 2012
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SENATE PASSES 2012-13 BUDGET RESOLUTION

Gallivan: “Senate Plan Cuts Taxes, Reforms Medicaid, Protects Seniors and Schools.”

The New York State Senate voted to approve its 2012-13 Senate Budget resolution, continuing its focus on state spending, job creation, and structural reform to government.

The Senate budget, at just under $132.5 billion, keeps the total state spending increase below two percent, and spends less than the Executive Budget. The budget closes a $2 billion budget deficit and builds on last year’s successes in putting the state’s fiscal house in order.

March 13, 2012
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Free Tax Preparation for low income individuals or families

NYS Senator Joseph P. Addabbo Jr.Food Bank For New York CityThe City University of New Yorkinvites you toFree Tax Preparation

Friday, March 16, 201210 AM to 4 PM

Majestic Marquise88-03 101 AvenueOzone Park, NY 11416

March 16, 10:00 AM - 4:00 PM
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Dear Governor Cuomo: We write today to ask you to include the New York State DREAM Act in your Executive Budget.

March 6, 2012 The Honorable Andrew M. CuomoGovernor of the State of New YorkExecutive ChamberNew York State Capitol BuildingAlbany, NY  12224            Re:       The New York State DREAM Act Dear Governor Cuomo:                      We write today to ask you to include the New York State DREAM Act in your Executive Budget.

File: 
Put NYS Dream Act in FY2012-13 Budget(FINAL)docx.pdf

March 12, 2012
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Gallivan Sees Opportunity To Build Off Last Year’s Successful Budget With More Reform in 2012

Senate Republican Budget Plan Will Include Expansive “New Jobs-NY” Plan

Senator Patrick M. Gallivan (R,C,I – 59th District) joined fellow Republican members of the Senate today to announce details of the 2012 NEW JOBS-NY Job Creation Plan. The plan puts forth policies critical to revitalizing Western New York, including; tax relief to encourage the creation of new jobs, measures to ensure fiscal responsibility and control state spending, as well as other reforms and incentives to make New York more economically competitive. The plan is part of the Senate budget resolution to be acted on next week.

March 7, 2012
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February 24, 2012
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IMPORTANT INFORMATION FOR THE 2012 PERSONAL INCOME TAX FILING SEASON

Below find information regarding some new developments at the Department of Taxation and Finance for the 2012 personal income tax filing season.  The new initiatives reflect statutory changes enacted in 2011 as well as Governor Cuomo’s mandate that State agencies deliver services more effectively and at lower cost to taxpayers.

 

February 21, 2012
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2011 Tax Returns

 

 

* * * CONTACT INFO FOR 2011 TAX RETURNS * * *

 

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(1) AARP:

 

       Free tax service for seniors

        Call for 723-2292 for appointments after 01/09/12

                @ Greece Community Center

        Tax preparation beginning 02/01/12

January 5, 2012
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Senator Martins: New Year Brings Lower State Income Tax Rates

Senator Jack M. Martins is reminding residents that lower state income tax rates take effect on January 1st.

"This was an important step in providing some relief to our taxpayers," Senator Martins said. “Enacting the new tax code was a fitting way to end a  very productive 2011 during which we closed a $10 billion budget deficit without raising taxes, cut government spending, approved new job creation and economic development measures, and enacted a property tax cap. We must continue to build upon these achievements in the coming year.”

January 3, 2012
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COUNTDOWN TO LOWER TAXES FOR NEW YORKERS

As a result of historic tax reform legislation that State Senator Mike Nozzolio worked with his Senate colleagues and Governor Cuomo to adopt, the lowest tax rate most New Yorkers have seen in more than 50 years will go into effect in a matter of days.

December 29, 2011
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SENATOR FUSCHILLO: NEW YEAR BRINGS LOWER STATE INCOME TAX RATES

            Senator Charles J. Fuschillo, Jr. (R-Merrick) is reminding residents that lower state income tax rates take effect on January 1st.

December 29, 2011
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The Middle Class Tax Cut and Job Creation Plan

After Albany approved a sweeping tax reform and job growth plan designed to provide income tax reductions to 4.4 million New Yorkers and thousands of small businesses, Western New York State Senator Patrick M. Gallivan (R,C,I – 59th Senate District) announced an additional proposal to implement a strict cap on all income tax revenues collected under the state’s brand new income tax bracket structure.

December 21, 2011
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Delvering For Our Taxpayers: Tax Cuts, Tax Cap Go Into Effect January 1

Middle class tax cuts that will reduce tax rates for millions of hardworking taxpayers and the two-percent property tax cap highlight new state laws that will go into effect on January 1, 2012.

The recently enacted tax cuts will reduce tax rates on middle class taxpayers to their lowest levels in more than 50 years (Chapter 55, L.2011). About 4.4 million middle class taxpayers will receive a total of  $690 million in personal income tax relief.

A tax relief measure for manufacturers that will help them expand and create new jobs will also take effect next year, beginning January 1, 2012, as will provisions for flood relief and recovery, and the implementation of inflation adjustments to reduce personal income taxes.

December 19, 2011
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TAX CUTS AND PROPERTY TAX CAP HIGHLIGHT NEW JANUARY 1ST LAWS

Middle class tax cuts that will reduce tax rates for millions of hardworking taxpayers and the two-percent property tax cap highlight new state laws that will go into effect on January 1, 2012.

The recently enacted tax cuts will reduce tax rates on middle class taxpayers to their lowest levels in more than 50 years (Chapter 55, L.2011). About 4.4 million middle class taxpayers will receive a total of $690 million in personal income tax relief.

December 16, 2011
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Albany Tax Deal: A Start, But Far From Done

Our Town, December 15, 2011

By Liz Krueger

In another whirlwind session in Albany, Gov. Andrew Cuomo pushed through a new tax plan that will generate $1.5 billion in much needed additional revenue for the state. I supported the plan because that revenue will make it easier to balance the budget without devastating cuts to education, health care and social services, and because it creates a more progressive tax structure than we would have if we did nothing. But there is also plenty to be critical of, both in terms of the minimal progressive reform to our tax structure and the record-breaking 26 minutes the Legislature and public had to review the contents of the package.

December 16, 2011
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Gianaris Says GOP Is Taking Page from Mitt Romney Playbook

Politicker wrote about the passage of major Democratic priorities during the special legislative session.

he buzz around Albany yesterday was that Gov. Andrew Cuomo did the Senate Republicans a huge favor by taking the millionaire’s tax off the table in his tax overhaul plan. The thinking was that without that wedge issue to run against, Democrats have been denied a key talking point going into the 2012 elections.

On Fred Dicker’s radio show today, Queens Sen. Michael Gianaris, who is in charge of the Democratic effort, said Republicans should be praised for adopting the Democratic agenda.

December 12, 2011
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Sen. Gianaris on Democratic Support of Tax Code Deal

Senator Gianaris was on YNN"s Capital Tonight with Liz Benjamin to discuss the passage of the restructured tax code - a major priority for the Senate Democrats.

Watch the video here.

December 12, 2011
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Historic Middle Class Tax Cut and Job Creation Plan Signed Into Law

Governor Andrew Cuomo signed the Middle Class Tax Cut and Job Creation Plan at the Cornwell Avenue School in West Hempstead, The bill, that as passed by the New York Senate last week, reduces the state tax burden for millions of New Yorkers to their lowest levels in more than fifty years. The far-ranging plan also strengthens our economy and creates jobs by eliminating the MTA payroll tax for more than 78 percent of employers that currently pay it, provides funds for state infrastructure projects and tax credits for youth employment. The plan provides a total $3.3 billion in tax relief to individuals and businesses.

December 12, 2011
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