Press Mention

New York State budget: Potential fallout ahead?

The Garden City News

April 06, 2021

The budget raises an additional $4.3 billion taxes on corporate and individual taxpayers, even though there is a great deal of question over whether revenue enhancements were needed. The most recent stimulus package passed by Congress gave New York State an additional $12 billion in federal aid. Andrew Rein, president of the Citizen’s Budget Commission, said the state had an additional $22 billion in revenues than it expected in January and questioned the need for any revenue increases.

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