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"That’s not going to make anyone rich, but it’s going to give families breathing room, so when the water’s up to their necks, it’s not going to go over their heads."
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That money would be used to fill the state’s budget deficit, which Cuomo’s office has projected to be about $15 billion over two years.
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There are several new tip credit rates covering various employees who typically receive a tip as part of their service.
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The Independent Fiscal Office said Friday that the commonwealth can count on ending the year with $910 million to spare. That’s a jump from their initial estimate of $866 million in May.
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Pennsylvania first launched its Job Creation Tax Credit back in 1996. According to state officials, it was one of the first credits of its kind--a measure intended to give employers incentives that neighboring states were already providing.
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ALBANY (WSKG) - Now that the US House of Representatives has voted for a tax overhaul plan that some state leaders say will harm New York, the action…
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The mayor of Binghamton texted Southern Tier Congresswoman Claudia Tenney (R-New Hartford) about his worries with the bill - worries that she shared.But…
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Binghamton Mayor Rich David is joining the chorus of lawmakers who oppose the Republican tax plans in Congress.David said the plan is unfair to New…
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ALBANY (WSKG) - The state’s top economic development official says a plan in Congress to eliminate the historic tax credit program would harm efforts to…
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ALBANY (WSKG) - Governor Cuomo joined other New York Democrats in condemning the federal tax overhaul plan in the wake of Vice President Mike Pence’s…