Sentence Of 2 To 6 Years For Former Assemblywoman Diane Gordon
June 12, 2008
Kings County District Attorney Charles J. Hynes today announced the sentencing of former Brooklyn Democratic Assemblywoman Diane Gordon to two to six years in prison before Justice Robert McGann. She received two to six years for Bribe Receiving in the Third Degree. In addition, Gordon received one-and-a-third to [...]
State Approves Highest Cigarette Tax in Nation
April 3, 2008
New York’s government leaders have agreed to boost the state cigarette tax by $1.25 per pack to create the nation’s highest state cigarette tax, officials said today.
New York’s $2.75-per-pack tax would jump ahead of New Jersey for the highest state tax in the nation. New York has been ranked the 16th highest with a tax [...]
Proposed cigarette tax increase riles smokers in NY
April 1, 2008
Jill Liddell was hardly alone while taking a smoke break outside a downtown office building, where she and other smokers were feeling singled out Monday as lawmakers considered a hefty increase in the state cigarette tax.
“I wish they would hit the drinkers for once,” Liddell said.
Legislative leaders were talking about doubling the cigarette tax to [...]
Tax Hikes Are Seen In Budget
March 31, 2008
Governor Paterson and lawmakers are racing to complete a budget that they say will add hundreds of millions of dollars in health care and public school aid above what the Spitzer administration had proposed in January, and will raise taxes on cigarettes and online shopping.
Mr. Paterson, a former lieutenant governor who jumped into the complex [...]
Extra Tax Slips Out of Budget
March 28, 2008
Sheldon Silver, the speaker of the State Assembly, backed away Thursday from his plan to seek an income tax increase for New Yorkers who earn more than $1 million a year, as lawmakers took a step toward completing a state budget.
At a news conference Thursday night, Gov. David A. Paterson, Mr. Silver and Joseph L. [...]
As New Yankee and Met Stadiums Go Up, So Do Costs and Disruption
March 27, 2008
When Mets and Yankees fans arrive for the start of the new season, the teams’ past and future will be on display side by side—and not just Pedro Martinez and Johan Santana or Andy Pettitte and Joba Chamberlain. At a record-shattering price tag of more than $2.5 billion, twin homes for New York’s ball clubs [...]
City Wins Tax Ruling Against Foreign Countries
March 19, 2008
Opening the door for the city to collect millions of dollars from foreign governments through the courts, a federal judge is ordering that India, Mongolia, and the Philippines pay New York City more than $57.6 million in back property taxes and interest for using their consulates and missions for non-diplomatic purposes.
At issue was a dispute [...]
Mayor Warns Against Raising Taxes on Rich
March 14, 2008
Balancing the state’s budget on the backs of its richest citizens could make New York City a less desirable place to do business and even lead residents to move away, Mayor Bloomberg cautioned yesterday at a press conference in Queens.
“I think at this point, where we’re in competition with other cities around the world for [...]
Mayor Unveils Campaign To Promote Child Care Tax Credit
March 6, 2008
Mayor Michael Bloomberg launched a citywide advertising campaign to inform families about the new Child Care Tax Credit, which was signed into law last summer.
Under the plan, families making less than $30,000 a year can get up to $1,733 toward health care for children under the age of four.
Posters, such as the one Bloomberg unveiled [...]
Earn $1 Million a Year? Assembly Democrats Will Seek a Tax Rise Just for You
March 6, 2008
If you earn a million dollars in New York this year, beware. Albany has its eyes on your money.
As Democratic Assembly members try to figure out how to right the state’s finances, they are looking to the state’s fabulously wealthy — the hedge fund managers, real estate moguls and superstar shortstops — to balance [...]




