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2 clusters · 4 sources · 8 days · First seen · Last updated
New York state and local taxation levels
Overview
Data regarding taxation in New York has highlighted high rates at both the county and state levels. Initial reports identified specific counties with the highest overall tax rates, including Schoharie, Livingston, and Cattaraugus, all of which exceeded the statewide average.
Subsequent analysis by the Citizens Budget Commission identified New York as having the highest tax burden per resident in the United States when combining all state and local taxes. The report also noted that New York is the largest spender among mainland states, with per-student education and Medicaid spending surpassing that of neighboring states. These fiscal findings have become a point of contention during the gubernatorial campaign between incumbent Kathy Hochul and challenger Bruce Blakeman, with critics suggesting high taxes may hinder the state’s ability to retain residents and businesses.
Entities
Schoharie County · Kathy Hochul · Bruce Blakeman · Citizens Budget Commission · New York
Timeline
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[BUSINESS] 2 sourcesNew York ranks highest in U.S. tax burden and mainland spending
A Citizens Budget Commission report finds New York has the highest tax burden per resident in the U.S. and is the largest spender among mainland states.
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[BUSINESS] 2 sourcesNew York counties report highest tax rates
New York counties including Schoharie and Livingston report tax rates significantly higher than the state average, according to the most recent official countywide data.
Sources
nypost.com · offthepress.com · wpdh.com · wrrv.com