NY Gov. Cuomo proposes raising top income tax rate
State and local government under fiscal pressure
NY Gov. Cuomo is proposing to raise the top income tax rate to 10.86% from 8.82%.
Doing so would increase the city and state tax rate to 14.7%. He adds that the proposal will be reversed if a federal government approves relief payments as proposed by the Biden administration. The bogey for the governor is to receive 15 billion
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