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.