BOSTON (Reuters) – For decades, New York bankers and fund managers have accepted the city’s high tax rates as part of the job in the world’s leading financial capital. FILE PHOTO: A …
Read More »Cuomo, NY Leaders Agree on a $ 212 Billion Budget with $ 4 Billion in Tax Increases
Governor Andrew Cuomo and legislative leaders announced Tuesday a settlement on the overdue state budget that includes approximately $ 4 billion in new taxes, legal sports betting and unemployment benefits for illegal …
Read More »Biden’s tax plan hits tech and pharmaceutical companies
The tax plan that President Joe Biden introduced last week is likely to hit tech and pharmaceutical companies especially hard, though the challenge for lawmakers will be to minimize loopholes that could …
Read More »Concern of $ 4 Billion in Tax Hikes in New York Budget Agreement That Will Cause Exodus
Governor Andrew Cuomo and state lawmakers were prepared Monday night to impose $ 4 billion in new taxes as they tried to define the final details of New York’s overdue budget of …
Read More »The last big buck to leave New York, turn off the light?
On January 19, Governor Cuomo introduced an Executive Budget calling for a temporary $ 1.5 billion personal income tax increase targeting New York’s highest earners. Left-wing Democratic supermajorities in the State Assembly …
Read More »US Moves Forward on $ 1 Billion Fee Plan on Digital Taxes
Photographer: Bing Guan / Bloomberg Photographer: Bing Guan / Bloomberg Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. sign up here The United States …
Read More »Yellen will push for a global minimum tax on corporations
Treasury Secretary Janet Yellen will ask corporations around the world for a minimum tax on Monday in an effort to prevent companies from relocating to find lower rates. “We are working with …
Read More »New York lawmakers move closer to a budget deal to increase corporate revenue and taxes by $ 4.3 billion
ALBANY, NY – New York Governor Andrew Cuomo and state lawmakers are closing in on a budget deal that would raise corporate and income taxes by $ 4.3 billion a year and …
Read More »Here are nine questions Biden may face in his first press
President BidenJoe Biden Supreme Court Will Hear Boston Terrorist Death Case – Biden Administration Allowing The Hill’s Morning Report – Biden Assigns Harris To Border; today’s press conference Democrats face questions about …
Read More »New York Prepares to Legalize Recreational Marijuana for Adults 21 and Over
Photographer: Galit Rodan / Bloomberg Photographer: Galit Rodan / Bloomberg New York is ready to legalize recreational marijuana. The state would impose special taxes on marijuana and prepare to license dispensaries according …
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