Michael H. Ranzenhofer's posts related to Taxes

Ranzenhofer launches online petition to stop Governor’s plan to delay tax refunds

Posted by Michael H. Ranzenhofer on Wednesday, February 24th, 2010

Amherst, NY – State Senator Michael H. Ranzenhofer has launched an online petition drive to stop Governor Paterson’s plan to delay State income tax refunds. 

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State Senate repeals “cost recovery” tax; Passes bill to relieve economic development agencies from unfair tax

Posted by Michael H. Ranzenhofer on Wednesday, March 9th, 2011

Albany, N.Y. – The New York State Senate has passed legislation (S.2682) that repeals the “cost recovery” tax imposed on local economic development agencies in 2009 and also requires the State to reimburse agencies for any monies previously paid.

State Senator Michael H. Ranzenhofer introduced the bill in the State Senate.

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MIDDLE CLASS TAX CUT AND JOB CREATION PLAN

Posted by Michael H. Ranzenhofer on Friday, December 9th, 2011

Fact Sheet: Changes to tax rates for each tax bracket

 

The Middle Class Tax Cut and Job Creation Plan:

• Decreases the tax rate from 6.85 percent to 6.45 percent on the following incomes:o Married – Incomes between $40,000 and $150,000o Single – Incomes between $20,000 and $75,000o Head of Household – Between $30,000 and $100,000

• Decreases the tax rate from 6.85 percent to 6.65 percent on the following incomes:o Married – Incomes between $150,000 and $300,000o Single – Incomes between $75,000 and $200,000o Head of Household – Incomes between $100,000 and $250,000

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State Senate passes $3.3 billion tax cut for New Yorkers

Posted by Michael H. Ranzenhofer on Friday, December 9th, 2011

No taxpayers will see their personal income taxes go up
Overwhelming majority of taxpayers to receive a tax break
91% of taxpayers affected by the PIT surcharge to receive tax cut

 

To figure out your reduced tax rate as a result of the Middle Class Tax Cut and Job Creation Plan, click here.

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