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“#NYC budget likely to tax big businesses, top earners by billions” New York lawmakers are closing in on a state budget deal that will likely increase taxes on top earners and big businesses by billions of dollars, sources told The Post. Legislators and Gov. Andrew Cuomo over the weekend ironed out the final terms of…
“#Albany creates $10 million fund to repel Asian-American assaults” Gov. Andrew Cuomo and state lawmakers have agreed to create a $10 million fund in the state budget to combat discrimination against Asian-Americans in the wake of recent brutal assaults against their community, sources told The Post. Under the deal, $10 million in grants will be…
“#Albany’s race to pay off friends — while shunning everyday New Yorkers” State lawmakers are racing to cram as much cash for their allies into next year’s budget as they can by Wednesday’s deadline — without a care in the world for the needs of everyday New Yorkers. Legislative leaders are now finalizing a deal…
“#Lawmakers eye $4.2 billion deal to fund needy NY state schools” Lawmakers are zeroing on a blockbuster deal that would funnel $4.2 billion in additional aid to public schools across New York state over three years to comply with a controversial court ruling. In the Campaign for Fiscal Equity ruling, the Court of Appeals in…
“#NY pols are helping perps escape justice with their reforms” Here’s one more reason crime’s been rising across New York: Two years after the Legislature and Gov. Andrew Cuomo imposed expensive new “discovery” rules on prosecutors, it still hasn’t sent district attorneys anything close to the resources they need to comply — and the cash…
“#NYC economy still ‘fragile’ as state Dems push $7B in new taxes” More than 650,000 city jobs have vanished, key businesses are on the brink of collapse, it will be years before the economy recovers — and Democratic legislators think it’s a great time for $7 billion in new taxes. As Albany lawmakers negotiate the state…
“#What NY lawmakers forgot in their drive to legalize pot” A deal to legalize pot has emerged from Albany’s legendary smoke-filled rooms, but it looks like lawmakers jumped the gun on indulging when they were settling the testy issue of “driving while high.” Weed impairs judgment, reaction time and general alertness. States that legalized soon…
“#Business leaders warn $7B in proposed tax hikes could wreck NY” Socking New York’s businesses and wealthy residents with $7 billion in new taxes will likely trigger the worst exodus since the Big Apple flirted with bankruptcy in the 1970s, a huge group of major employers and small business owners warned Tuesday. In a letter…
“#Democrats’ bid to turn screws on New York’s richest” Just a year after the Empire State was clobbered by the coronavirus, New York’s Legislature confronts an embarrassment of revenue riches. State taxes have rebounded more strongly than expected from the pandemic meltdown — capped by a massive injection of $12.6 billion in no-strings-attached federal stimulus…
“#State, fed tax hikes would push more New Yorkers to Florida” The feds are sending New York enough billions in bailout cash to wipe out its deficits for the next two years — but the Legislature still wants needless tax hikes on “the rich.” President Biden just announced plans to do the same. It threatens a…