Martin J. Golden's posts related to Taxes

SENATOR GOLDEN CO SPONSORS LEGISLATION SO NEW YORKERS CAN RECEIVE STATE TAX RETURNS WITHIN 30 DAYS

Kicks-Off On-line Petition Drive To Protest Withholding of Tax Refunds

Brooklyn- State Senator Martin J. Golden (R-C, Brooklyn) today is announcing that he has cosponsored legislation introduced by Senator George Winner, S. 3985, that requires the Commissioner of the New York State Taxation and Finance to provide for the payment of State tax refunds within 30 days of the Department’s receipt of a taxpayer’s tax return unless there is a discrepancy.

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SENATOR GOLDEN ANNOUNCES SALES TAX CUT AND MTA PAYROLL TAX CUT TO GO INTO EFFECT SUNDAY, APRIL 1ST

Brooklyn- State Senator Martin J. Golden (R-C-I, Brooklyn) today is reminding New Yorkers of two tax cuts recently approved by the New York State Legislature that are scheduled to take effect this Sunday, April 1st, including the elimination of the 4% State portion of the sales tax, and the repeal of the MTA Payroll Tax.

 

As of April 1st, all clothing and footwear sold for less than $110 per item (or per pair of footwear) will now exempt from the State and City sales tax combined 8.875% sales tax. Additionally, most fabric, thread, yarn, buttons, snaps, hooks, zippers and similar items that are used to make or repair exempt clothing will also be eligible for the exemption. The exemption from the state sales tax will be in effect year round.

 

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Back-to-School Reminder: No State Sales Tax on Clothing Purchases Up to $110

Believe it or not, it’s back-to-school time again!

Preparing our kids for a new school year can be a fun and exciting time, but with so many families feeling an economic crunch these days, it can be a stressful time as well.

That’s why I wanted to remind you of some good news that is sure to help your back-to-school budget. Shoppers will not pay state sales tax on clothing purchases up to $110.

Clothing purchases can be a big part of a family budget, and I was pleased to support this tax cut to help hardworking New Yorkers keep more money in their pockets. Repealing the sales tax on clothing is projected to save a typical family of four nearly $200 a year.

Think of it as the 4 percent off sale that never ends.

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Delivering Tax Relief

With so many hardworking families having a challenging time making ends meet, I have consistently made family tax relief one of my top priorities.

 

That is why I am pleased to inform you about some of the new tax relief measures I’ve championed that will soon be helping local families throughout our region.

 

$350 Family Tax Relief Checks -- In the coming weeks, thousands of local families with children under the age of 17 will begin receiving a $350 check in the mail. These family tax relief checks, which are designed to help families cope with the rising cost of raising a child, will provide more than $400 million in direct tax relief.

 

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