Critics say extending 'temporary' tax bad for NY - DC News FOX 5 DC WTTG

Critics say extending 'temporary' tax bad for NY

Posted: Updated:

ALBANY, N.Y. (AP) — Critics are say a proposal to extend a "temporary" income tax hike for the second time in the state budget currently under negotiation is bad for New York.

E.J. McMahon of the Manhattan Institute says the proposal is a political ploy to avoid extending the tax when it's due to expire in 2014, an election year.

The proposal being considered in closed-door talks was first revealed last week by The Associated Press citing officials close to the talks who spoke on the condition of anonymity because they weren't authorized to divulge the effort.

Legislative leaders confirmed the proposal Sunday night. The $2 billion "millionaire's tax" was opposed by Cuomo and Senate Republicans in the 2010 elections.

The Partnership for New York City calls it the worst possible message to employers.

 

Copyright 2013 The Associated Press.

  • New York State NewsNew York State NewsMore>>

  • Caesars enters New York casino competition

    Caesars enters New York casino competition

    Tuesday, April 22 2014 10:52 PM EDT2014-04-23 02:52:22 GMT
    Caesars Entertainment entered the competition to open a casino in upstate New York on Tuesday with a proposal to build a $750 million complex 50 miles north of New York City. The complex would include a casino, a hotel and a meeting space and would be located in Woodbury, in Orange County. The Las Vegas-based Caesars, which operates 52 casinos around the world, has submitted a $1 million casino license application fee to state gambling regulators.
    Caesars Entertainment entered the competition to open a casino in upstate New York on Tuesday with a proposal to build a $750 million complex 50 miles north of New York City. The complex would include a casino, a hotel and a meeting space and would be located in Woodbury, in Orange County. The Las Vegas-based Caesars, which operates 52 casinos around the world, has submitted a $1 million casino license application fee to state gambling regulators.
  • Lawsuit: ex-Buffalo Bills cheerleaders were exploited, groped

    Lawsuit: ex-Buffalo Bills cheerleaders were exploited, groped

    Tuesday, April 22 2014 8:08 PM EDT2014-04-23 00:08:06 GMT
    Buffalo Bills / NFLBuffalo Bills / NFL
    Five former Buffalo Bills cheerleaders on Tuesday sued the team over a pay system they say had them working hundreds of hours for free at games and at mandatory public appearances at which they were subjected to groping and sexual comments, and one said they had to take a jiggle test so their boss could see how firm their bodies were. The state Supreme Court lawsuit is the third filed this year against a National Football League team by cheerleader...
    Five former Buffalo Bills cheerleaders on Tuesday sued the team over a pay system they say had them working hundreds of hours for free at games and at mandatory public appearances at which they were subjected to groping and sexual comments, and one said they had to take a jiggle test so their boss could see how firm their bodies were. The state Supreme Court lawsuit is the third filed this year against a National Football League team by cheerleader...
  • Airbnb fights NY attorney general's subpoena

    Airbnb fights NY attorney general's subpoena

    Tuesday, April 22 2014 7:06 PM EDT2014-04-22 23:06:24 GMT
    Renting out someone's apartment is an easy way to get an inexpensive place to stay if you're a tourist, and cheaper and more convenient than most hotels. But now the government is stepping in and trying to get a handle on a booming business that may not be playing by the rules. State Attorney General Eric Schneiderman is squaring off in court with multi-million dollar Internet company Airbnb.
    Renting out someone's apartment is an easy way to get an inexpensive place to stay if you're a tourist, and cheaper and more convenient than most hotels. But now the government is stepping in and trying to get a handle on a booming business that may not be playing by the rules. State Attorney General Eric Schneiderman is squaring off in court with multi-million dollar Internet company Airbnb.
Powered by WorldNow

WTTG FOX 5 & myfoxdc
5151 Wisconsin Ave. NW
Washington, DC 20016
Main Number: (202) 244-5151
Newsroom: (202) 895-3000
fox5tips@wttg.com

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices