Issues: Taxes

Senator Parker Applauds the Governor for Protecting Middle Class New Yorkers

(Albany, NY)  Today Senator Parker (D-21) stated that the Governor has helped pass much needed changes to the State’s tax code to will help middle-class New Yorkers.  Under the Governor’s restructuring, 4.4 million taxpayers will pay less than they do under the old rate.  “This is what New York needs to begin our return to economic stability,” stated Parker.

December 7, 2011
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Senate Passes $3.3 Billion Tax Cut and Job Creation Plan

The New York State Senate today passed the Middle Class Tax Cut and Job Creation Plan that will reduce taxes for millions of hardworking, middle-class taxpayers to their lowest levels in more than half a century.  In addition, the comprehensive plan will help strengthen our economy and create new jobs by eliminating the job-killing MTA payroll tax for more than 78 percent of the small employers that pay the tax.  The plan will provide a total of more than $3.3 billion in tax relief to individuals and businesses.

December 7, 2011
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SENATOR YOUNG VOTES TO CUT TAXES ACROSS THE BOARD

ALBANY – Senator Catharine Young (R,C,I – Olean) today voted for a $3.3 billion tax cut that will help grow jobs.

“Everyone who pays state personal income taxes gets a break no matter which tax bracket. People will keep more of their hard earned money in their paychecks,” said Senator Young.

“Small businesses and upstate manufacturers will gain much-needed tax relief so they can grow private sector jobs,” she added.

“It will help family budgets while giving a real boost to the economy,” Senator Young said.

“In fact, after these tax cuts, middle income earners will see the lowest state personal income tax in 50 years. They will have more money to spend, save or invest,” she said.

December 7, 2011
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Special Session Produces Tax Cuts, Job Creation Incentives, Flood Relief

ALBANY, 12/07/11 – State Senator James L. Seward (R/C/I – Oneonta) today applauded the Middle Class Tax Cut and Job Creation Plan which helps rejuvenate the upstate economy and includes special state funding to assist flood devastated communities.

“This plan means lower taxes - $690 million worth – for hard-working, middle class New Yorkers, the backbone of our communities. That’s money that will now flow through our local economy and create jobs. At the same time, we are cutting taxes for manufacturers helping them create additional jobs and continue to drive our economy forward,” Seward said.

December 7, 2011
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SENATOR SALAND'S STATEMENT ON THE MIDDLE CLASS TAX CUT AND JOB CREATION PLAN

Two years ago when the New York State government was under one party Democrat control we witnessed a tax and spend frenzy.  Defying all logic, and the opposition of every member of the Senate Republican conference, the Senate Democrats raised taxes and spending by $14 billion, including the job-killing MTA payroll tax.

December 7, 2011
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Grisanti Backs Cuomo Tax Cutting Agenda: “Now is the time to make additional cuts on state spending to provide even greater tax savings.”

(ALBANY, NY) - New York State Senator Mark Grisanti today announced his endorsement of Governor Andrew Cuomo’s plan to overhaul state income tax rates and give average middle class households much-needed tax relief.

“I commend the Governor and Senate leadership for this groundbreaking initiative,” Grisanti said. “I stand proudly with The Business Council of New York State and the National Federation of Independent Business in support of this measure.”

“My constituents need this significant tax relief today, right now, ASAP - and they don’t have time for partisan bickering,” Grisanti said.

December 7, 2011
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The Middle Class Tax Cut and Job Creation Plan

In stark contrast to the gridlock in Washington D.C., the Senate Republican Majority has worked together with Governor Andrew Cuomo to accomplish major changes and positive reforms this year.  The new Middle Class Tax Cut and Job Creation Plan will build on these successes by cutting taxes for hardworking middle class families, and helping to create new private sector jobs. 

File: 
MIDDLE-CLASS-TAX-CUT-AND-JOB-CREATION-PLAN_overivew[1].pdf

December 7, 2011
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STATEMENT FROM SENATOR JOHN BONACIC

On Tax Agreement; MTA Tax Reform; Casino Gaming; and Flood Mitigation Funds

December 7, 2011
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Senator Diaz Proclaims: Governor Cuomo has Seen the Light!

December 7, 2011

For Immediate Release

 

New York State Senator Reverend Ruben Diaz (D-Bronx) has released the following statement today in preparation for today’s extraordinary session in the New York State Legislature that will increase income tax on the rich:

“Governor Andrew Cuomo has finally seen the light! Once again, time has proven me right

Earlier this year, no one wanted to follow my lead when I insisted that we will never come out of this mess and stop hurting the poor unless we enact a Millionaires Tax and extend our rent control laws.

December 7, 2011
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BALL DECLARES VICTORY ON MTA PAYROLL TAX REPEAL, PRAISES GOVERNOR.

 

BREWSTER — 12/7/2011– After years of leading the charge to repeal the MTA payroll tax, I am thrilled with the governor’s plan. With that being said, I will continue with my demands for forensic accounting to protect blue collar families like mine who are struggling. This tax cut for the middle class is exactly the shot in the arm working families need and is a great jobs focused package that begins to adjust our unfair tax code, while eliminating the job killing MTA payroll tax for the vast majority of payers. Now more than ever we must remain focused on job creation and push even harder moving into 2012 to alleviate the tax burden for working families, seniors and small business owners. This is a great first step towards that goal!

 

December 7, 2011
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GOVERNOR CUOMO, MAJORITY LEADER SKELOS & SPEAKER SILVER ANNOUNCE COMPREHENSIVE PLANS TO CREATE JOBS AND GROW THE ECONOMY

Governor Andrew M. Cuomo, Senate Majority Leader Dean Skelos and Assembly Speaker Sheldon Silver today announced that they have reached a proposed three-way agreement on legislative and executive proposals to create jobs and cut taxes for middle class New Yorkers. The agreement includes support for a comprehensive New York Works Agenda that will create thousands of jobs with new investments in New York's infrastructure, passing a fair tax reform plan that achieves the first major restructuring of the tax code in decades resulting in a tax cut for 4.4 million middle class New Yorkers taxpayers, approving $50 million in additional relief for areas devastated by recent floods, and reducing the MTA payroll tax to provide relief for small businesses.

December 6, 2011
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NY TIMES: AS ECONOMY LAGS, CUOMO RECONSIDERS TAX STANCE

By THOMAS KAPLAN

Faced with a worsening financial climate, Gov. Andrew M. Cuomo said Wednesday that he was contemplating whether to propose changes to the state tax code, and he did not rule out the possibility that he would seek to raise taxes on wealthy New Yorkers.

December 5, 2011
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Future Of Queens Discussed At Astoria Civic Meeting

The Queens Gazette wrote about the "State of Queens Address" at the Astoria Civic Association, where Senator Gianaris and other elected officials discussed a variety of issues and accomplishments in Queens. Senator Gianaris talked specifically about the economy, the importance of the film tax credit and hydrofracking.

A triumvirate of elected officials delivered the “State of Queens Address” at the November 8 meeting of the Astoria Civic Association at Riccardo’s by the bridge.

Councilmember Peter Vallone Jr., Assemblymember Aravella Simotas and state Senator Mike Gianaris had the chance to review accomplishments, as well as challenges that Queens has been facing and will continue to face in the near future.

[...]

November 22, 2011
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Super Committee Fails – Now is Not the Time to Cut Taxes for Millionaires

New York could lose billions as a result of automatic cuts

State Senator Martin Malavé Dilan (D-Bushwick) expressed his disappointment that the Federal Committee appointed to strike a deficit reduction deal has announced its failure.  The committee’s failure to reach an agreement sets in motion an automatic plan to cut $1.2 trillion in federal spending beginning in 2013.

November 22, 2011
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From the Desk of Senator Jack M. Martins

Upsetting the Apple Cart

There are weeks I feel like I should wear a football helmet to the office. That’s because whenever powerful, special interest groups feel I’ve somehow threatened their status quo, they launch attacks. This past week a number of local teachers’ unions targeted me as the “deciding vote” in favor of the tax cap and, in that vote, as having participated in an attack on our children’s education.

November 16, 2011
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SENATOR ZELDIN RECEIVES BUSINESS COUNCIL’S HIGHEST GRADE IN 2011 VOTERS’ GUIDE REPORT

Ronkonkoma, N.Y. – The Business Council of New York State recently released their 2011 Voters’ Guide, which measures New York State legislators’ “Commitment to improving the state’s economic climate and performance by scoring their support for key business legislation during the 2011 session.” Senator Lee M. Zeldin (R, C, I- Shirley) received the Business Council’s highest score.

November 15, 2011
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Calendar Quirk Won't Cost Taxpayers

ONEONTA, 11/01/11 – State Senator James L. Seward (R/C/I – Oneonta) today applauded an administrative decision to reschedule the due date for an “extra” mandated Medicaid payment from counties in 2012.  The slight postponement will save homeowners and taxpayers millions of dollars statewide.

“Local elected leaders are already dealing with enough bureaucratic red tape and increased costs without adding an unintentional calendar quirk to the equation,” said Senator Seward.  “By reversing the mandate that would have forced counties to write an additional check in 2012, taxpayers will avoid a costly expense.”

November 1, 2011
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Senator Adams joins the New York State Black, Puerto Rican, Hispanic and Asian Legislative Caucus to support the extension of the Millionaire's Tax

Senator Adams joined the New York State Black, Puerto Rican, Hispanic and Asian Legislative Caucus and a coalition of elected officials and union leaders gathered on the steps of City Hall in support of extending the millionaires' tax in New York.  The millionaire's tax will increase the tax for individuals whose annual income exceeds $250,000.  With a budget gap in the billions, New York State is facing steep reductions in addition to the dramatic cuts over the last three years in education, health care and transportation.

October 31, 2011
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