Hundreds of thousands of very low-income New Yorkers could be relieved from paying personal income taxes under new legislation that state lawmakers will
New proposed state legislation, backed by Mayor Eric Adams, seeks to relieve hundreds of thousands of New York City residents from paying city income taxes. Wednesday, Dec. 4, 2024. introduce and which
“We are going to rip up the tax bill and make sure that they can put the money back into their pocket,” Adams said. “This is going to go to retail workers and single mothers. Because here in New York, we raise families and lower taxes.” While there the two lawmakers are committed to introducing the legislation, it is still in the “concept stage,” according to mayoral spokesperson Kayla Mamelak.
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