New York taxes

New York News
6:59 pm
Mon February 9, 2015

Most Municipalities, School Districts Followed Tax Cap

Credit Pixabay

New York tax officials say 84 percent of municipal governments and 97 percent of school districts have maintained the 2 percent property tax cap that entitles residents to state tax credits.

Executive Deputy Tax Commissioner Nonie Manion says they’re finishing distribution of $200 million in credits to 2.5 million homeowners, with the last checks going out now.

Testifying at a legislative budget hearing, she says the credits have helped drive compliance by the schools and municipalities; the three-year program will ultimately put $1.5 billion into New Yorkers' pockets.

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New York News
6:58 pm
Wed April 2, 2014

NY Had Highest State And Local Tax Burden In 2011

A Washington-based policy group says New York residents had the highest state-and-local tax burden in the country in 2011.

The Tax Foundation says Wednesday that they used the latest data available to show New York residents paid 12.6 percent of their collective incomes in state and local taxes in 2011.

New Jersey was No. 2 at 12.3 percent. The national average was 9.8 percent.

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New York News
12:00 am
Fri March 22, 2013

'Tonight' show would qualify for tax breaks in New York

ALBANY, N.Y. (AP) — A Cuomo administration official says New York is trying to lure TV shows with its tax credits program and the "Tonight" show would qualify if it decides to move back to Manhattan. 

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