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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