Issues: Taxes

SENATOR SALAND'S STATEMENT ON THE STATE OF THE STATE

In his delivery of the State of the State Address, Governor Cuomo managed to strike a balance which was both optimistic and realistic. With a new spirit of cooperation in Albany, unlike the dysfunction we have been witnessing in Washington, we were able to make state government work for the people once again, and made 2011 the most productive year in modern state history.

January 4, 2012
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Senator Martins: Untangling Mandate Relief

I love the holiday season but like many of you, there are some time-consuming, tedious aspects that I can do without. Shopping is definitely not my bag but, more than anything else, the jumble of lights that patiently waits for me in the attic, tangled beyond recognition, is what annually unsettles me. Regardless, I have been officially designated the master de-tangler of all twisted strands in our household, and it's a title I hold proudly.

January 3, 2012
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OFFICE OF ATTORNEY GENERAL UNVEILS YEAR-END REVIEW

Review Cites Progress For New York On Taxpayer Protection, Public Safety, Economic Justice, Public Integrity, Civil Rights & Environmental Protection

The Office of Attorney General Eric T. Schneiderman today issued an end-of-the-year review detailing many of its accomplishments in areas including public safety, economic justice, taxpayer protection, public integrity, civil rights and environmental protection.

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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Senator Carlucci Addresses Leadership Rockland

WEST NYACK, NY – Senator David Carlucci (D-Rockland/Orange), joined by fellow elected officials Assemblywoman Ellen Jaffee and Chairwoman of the Rockland County Legislature Harriet Cornell, recently attended Leadership Rockland’s Education and Developing Human Capital Day at BOCES in West Nyack. 

December 18, 2011
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Tax Cuts and Property Tax Cap Highlight New Laws That Take Effect January 1, 2012

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 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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SENATOR GREG BALL DEMANDS FORENSIC AUDIT OF MTA ACCOUNTING PRACTICES AND FULL REPEAL OF MTA PAYROLL TAX

 

Brewster, N.Y. – (12/15/2011) – Senator Greg Ball (R, C – Patterson) was at the Mount Kisco Metro-North train station Thursday morning to demand a full forensic audit of the MTA’s accounting practices, along with a full repeal of the MTA payroll tax.

December 15, 2011
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SENATOR FUSCHILLO CALLS ON WASHINGTON TO EXTEND TAX BENEFIT FOR COMMUTERS

            Senator Charles J. Fuschillo, Jr. (R-Merrick), Chairman of the Senate’s Transportation Committee, today wrote to Congressional leaders urging them to work together to extend the $230 a month federal transit benefit which helps individuals offset their commuting expenses. The $230 a month benefit is scheduled to expire at the end of the year unless Congress approves an extension.  

December 13, 2011
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STATE SENATOR LEE ZELDIN JOINS GOVERNOR CUOMO FOR BILL SIGNING OF LAW REPEALING MTA PAYROLL TAX FOR OVER 700K TAXPAYERS

West Hempstead, N.Y. – State Senator Lee M. Zeldin (R, C, I- Shirley) joined his legislative colleagues and Governor Andrew M. Cuomo this past Monday, December 12, 2011, as the Governor signed into law a new measure to eliminate the MTA Payroll Tax for approximately 80 percent of all employers currently paying the tax. Thousands more will see a reduction.

December 13, 2011
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DEMOCRAT AND CHRONICLE: ANDREW CUOMO WIDELY PRAISED FOR 2012 TAX DEAL

Written by: Joseph Spector

ALBANY — For about 4.4 million middle-class New Yorkers, the deal crafted by Gov. Andrew Cuomo and passed by the Legislature on Wednesday will mean an income-tax cut of $300 to $400 a year.

December 13, 2011
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LEGISLATIVE GAZETTE: CHEERING THE END OF THE MTA PAYROLL TAX

By Daniel McDonough

Gov. Andrew Cuomo was in West Hempstead, Nassau County Monday morning to sign into law the measure that will reduce the MTA payroll tax as part of his New York Works Agenda unveiled last week.

December 13, 2011
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LEGISLATIVE GAZETTE: CHEERING THE END OF THE MTA PAYROLL TAX

 

By Daniel McDonough

Gov. Andrew Cuomo was in West Hempstead, Nassau County Monday morning to sign into law the measure that will reduce the MTA payroll tax as part of his New York Works Agenda unveiled last week.

December 13, 2011
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SENATOR FUSCHILLO JOINS GOVERNOR CUOMO AT SIGNING OF NEW LAW TO BEGIN REPEAL OF MTA PAYROLL TAX

             Senator Charles J. Fuschillo, Jr. (R-Merrick) today joined Governor Andrew Cuomo at the signing of a law to begin the repeal of the MTA payroll tax. Senator Fuschillo supported the law in the Senate. 

December 12, 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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Senator Owen H. Johnson Applauds Governor Cuomo's Signature on the Middle Class Tax Cut and Job Creation Plan

Senator Owen H. Johnson joined Senate Majority Leader Dean Skelos and members of the Senate Majority today to applaud Governor Cuomo's signature on the Middle Class Tax Cut and Job Creation Plan.  The legislation reduces the MTA payroll tax on small businesses while maintaining the necessary funding for the MTA from other sources. The tax will be eliminated for 289,000 small businesses, defined as those having an annual payroll between $10,000 and $1.25 million, in the MTA region. Additionally, more than 6,000 businesses with payrolls between $1.25 and $1.75 million will see their payroll tax cut by either one third or two-thirds. The MTA payroll tax cut will also benefit approximately 414,000 self-employed taxpayers.

December 12, 2011
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STATE SENATOR LEE ZELDIN JOINS GOVERNOR CUOMO FOR BILL SIGNING OF LAW REPEALING MTA PAYROLL TAX FOR OVER 700K TAXPAYERS

West Hempstead, N.Y. – State Senator Lee M. Zeldn (R, C, I- Shirley) joined his legislative colleagues and Governor Andrew M. Cuomo today as the Governor signed into law a new measure to eliminate the MTA Payroll Tax for approximately 80 percent of all employers currently paying the tax.

Last week, the Legislature passed a bill repealing the MTA Payroll Tax for 78.2 percent of all employers (over 700,000 taxpayers). In addition, thousands more will see a reduction. In addition to the 290,000 employers who will have their tax eliminated, 414,000 self-employed taxpayers will also see the MTA Tax repealed. All elementary and secondary schools, both public and private, will now also be completely exempt from the payroll tax.

December 12, 2011
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