The Robin Hood budget: NY’s $212B plan taxes rich, gives to poor. But can it last?
Updated 7:03 AM;
Today 6:00 AM
View of the Assembly Chamber during a Legislative Session at the New York state Capitol, Monday, March 8, 2021, in Albany, N.Y.Hans Pennink | AP Photo
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Syracuse, N.Y. – The state’s largest spending plan in history raises taxes on the richest New Yorkers and showers billions of dollars on poor school districts, undocumented workers, parents paying for child care and small businesses gutted by the coronavirus pandemic.
The $212 billion plan includes an incremental income tax cut for the middle class, billions more in rent relief, and a new tax credit meant to help ease the cost of property tax bills for some homeowners.
Why Impeachment Faces a Steep Hill in Albany
nystateofpolitics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nystateofpolitics.com Daily Mail and Mail on Sunday newspapers.
Protecting the dead from unwanted publicity, other new NY laws in 2021
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New York’s new laws in 2021: minimum wage, property tax breaks, election recounts
Updated Dec 29, 2020;
Posted Dec 29, 2020
New York s new laws include changes to some Thruway tolls, property tax breaks and election laws.
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Syracuse, N.Y. – Despite the economic and social upheaval caused by the coronavirus, lawmakers in Albany created and updated laws that closed loopholes in a property tax law that cost taxpayers millions of dollars, set requirements for when election recounts should occur and provided greater protections for consumers.
It even passed a law that affects the dead.
Here’s a look at some of those changes, and when they take effect in the coming year: