Industry News

Report: NY tobacco taxes fuel black market - Oneonta Daily Star

Mon, 11/20/2017 - 18:18

Report: NY tobacco taxes fuel black market
Oneonta Daily Star
ALBANY — New York's high taxes on tobacco products have led to an explosion in cigarette smuggling and provided the black market with a major source of profit, according to a national survey by the Tax Foundation. The foundation, a non-profit think ...

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'Only Morons Pay the Estate Tax' - New York Times

Mon, 11/20/2017 - 17:19

New York Times

'Only Morons Pay the Estate Tax'
New York Times
As he raised estate tax rates to fund work programs during the Great Depression, Franklin Delano Roosevelt said, “The transmission from generation to generation of vast fortunes by will, inheritance or gift is not consistent with the ideals and ...

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Lies, Incoherence and Rage on Tax Cuts - New York Times

Mon, 11/20/2017 - 17:07

New York Times

Lies, Incoherence and Rage on Tax Cuts
New York Times
One thing you can count on in 21st-century U.S. politics is that Republicans will lie about taxes. They did it under George W. Bush, they did it under Barack Obama and they're still doing it under Donald Trump. Yet this time is different. It's not just ...

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After House Vote on Taxes, Spotlight Shifts to Undecided Senators - New York Times

Mon, 11/20/2017 - 16:40

New York Times

After House Vote on Taxes, Spotlight Shifts to Undecided Senators
New York Times
WASHINGTON — The fast-moving Republican effort to overhaul the tax code now rests in the hands of a small number of fence-sitting senators with disparate concerns, like how small businesses are taxed and whether health insurance costs will spike after ...
NY leaders say Senate tax bill even worse for stateNorth Country Public Radio
Why tax-suffocated New Yorkers need reform ASAPNew York Post
How the Trump Tax Cuts Would Reshape (and/or Break) Our EconomyNew York Magazine
New York Daily News -Hornell Evening Tribune -The Week Magazine
all 261 news articles »

DealBook Briefing: The New Fault Lines in the Tax Overhaul - New York Times

Mon, 11/20/2017 - 05:29

New York Times

DealBook Briefing: The New Fault Lines in the Tax Overhaul
New York Times
Good Monday morning. We're watching the latest developments in the Senate's tax proposal, and thinking about an ex-C.E.O.'s thoughts on what a lower tax rate would (and wouldn't) mean for businesses. We're also watching for fallout from Chancellor ...

NY leaders say Senate tax bill even worse for state - North Country Public Radio

Mon, 11/20/2017 - 04:40

North Country Public Radio

NY leaders say Senate tax bill even worse for state
North Country Public Radio
Nov 20, 2017 — Now that the U.S. House of Representatives has voted for a tax overhaul plan that some state leaders say will harm New York, the action moves to the Senate, where a vote is expected after Thanksgiving. Governor Cuomo, Senator Chuck ...

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How the Trump Tax Cuts Would Reshape (and/or Break) Our Economy - New York Magazine

Sun, 11/19/2017 - 19:03

New York Magazine

How the Trump Tax Cuts Would Reshape (and/or Break) Our Economy
New York Magazine
The Trump tax cuts are zipping through Congress at the legislative version of light speed. House Republicans unveiled their plan for overhauling America's tax code on November 2; they passed it two weeks later. The Senate GOP revealed its (actual) tax ...
Grad students under tax siegeNew York Daily News
NY leaders say Senate tax bill even worse for state than House versionWBFO
Reed confident on tax reform measureHornell Evening Tribune
New York Times -The Week Magazine -Vox
all 240 news articles »

Trump All But Dares Jeff Flake to Vote No on Tax Bill - New York Magazine

Sun, 11/19/2017 - 18:39

New York Magazine

Trump All But Dares Jeff Flake to Vote No on Tax Bill
New York Magazine
Amid the childish jibes, Trump also inferred that Flake, a frequent critic of the president who was indeed caught on a “mike” chiding him on Saturday, would vote no on the gigantic tax cuts the House passed last week — the White House's top ...
Trump slams Jeff Flake on Twitter, calls his career 'toast'New York Post

all 92 news articles »

Why is the governor worried about the GOP's tax plan? - Motley Fool

Sun, 11/19/2017 - 18:04

Why is the governor worried about the GOP's tax plan?
Motley Fool
Gov. Cuomo's Tweet was a warning about the affects that New York would feel if the GOP went forward with a proposal to end state and local tax (SALT) deductions. Under the current rules, when you pay state income taxes, state sales taxes, and local ...

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Trump officials unsure about individual mandate in tax plan - New York Post

Sun, 11/19/2017 - 14:24

New York Post

Trump officials unsure about individual mandate in tax plan
New York Post
Top Trump administration economic officials gave conflicting signals on Sunday about whether the ObamaCare individual mandate provision should be included in a GOP-backed tax reform plan in the Senate. White House budget director Mick Mulvaney said ...
Mixed signals sent on fate of tax bill's health provisionNew York Daily News

all 39 news articles »

GOP tax plan 'damaging' to New York, New Jersey: Peter King - New York Post

Sun, 11/19/2017 - 14:10

New York Post

GOP tax plan 'damaging' to New York, New Jersey: Peter King
New York Post
GOP Rep. Peter King said the Republican-backed tax reform plan that passed the House will have a “damaging” effect on the state because it eliminates deductions for local and state taxes and is being done at the “expense of New York and New Jersey.”.

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Will Cutting the Health Mandate Pay for Tax Cuts? Not Necessarily - New York Times

Sun, 11/19/2017 - 14:03

New York Times

Will Cutting the Health Mandate Pay for Tax Cuts? Not Necessarily
New York Times
Alexia Manon Senior is 27 and healthy — the type of person who might be most tempted to forgo health insurance if Republicans enact a tax bill that repeals the Affordable Care Act's requirement that most Americans have coverage or pay a penalty. But Ms.

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LUPICA: Republicans are asking the middle class to play dead while tax reform walks all over them - New York Daily News

Sun, 11/19/2017 - 13:15

New York Daily News

LUPICA: Republicans are asking the middle class to play dead while tax reform walks all over them
New York Daily News
And there came the day, with the city in great economic peril, that the overmatched President of that time, Gerald Ford, announced that he had no intention of bailing out New York City. Bill was at the afternoon news meeting when Ford was the big news ...

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How New Yorkers are doubly burned by high cigarette tax - New York Post

Sun, 11/19/2017 - 11:41

New York Post

How New Yorkers are doubly burned by high cigarette tax
New York Post
A new Tax Foundation study cites New York as America's tobacco bootlegging capital, with 55 percent of smokes sold here smuggled in. Blame high state and local cigarette taxes — $5.85 a pack, in total — and the city's recent hike in the minimum price ...

Mixed signals sent on fate of tax bill's health provision - New York Daily News

Sun, 11/19/2017 - 10:33

New York Daily News

Mixed signals sent on fate of tax bill's health provision
New York Daily News
White House adviser Ivanka Trump and Treasury Secretary Steve Mnuchin speak in Bayville, N.J., Monday, Nov. 13, 2017, about tax overhaul, where they promised legislation moving through Congress would simplify the tax code and ease burdens on ...

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City Council speaker front-runner receiving illegal tax break for Washington Heights condo, records reveal - New York Daily News

Sat, 11/18/2017 - 19:38

New York Daily News

City Council speaker front-runner receiving illegal tax break for Washington Heights condo, records reveal
New York Daily News
Levine, the front-runner in the race to become the next City Council speaker, hasn't lived in the Washington Heights apartment that he owns since 2013 — but he still benefits from a tax abatement there. Co-op and condo homeowners are eligible for the ...

Why a Firm Believer in Tax Cuts Could Derail the Senate Tax Cut Plan - New York Times

Sat, 11/18/2017 - 12:08

New York Times

Why a Firm Believer in Tax Cuts Could Derail the Senate Tax Cut Plan
New York Times
Speaker Paul D. Ryan called Mr. Johnson, a fellow Wisconsinite, this past week to see how he could be persuaded to support the tax bill.CreditAl Drago for The New York Times. In the Senate, where the party's margins are much smaller and individual ...
House passes its version of tax reformNew York Post
House GOP passes tax plan over objections of NY delegationSyracuse.com
House passes GOP bill to overhaul US tax code in what may lead to system's biggest revamp in 30 yearsNew York Daily News
Albany Times Union (blog) -Auburn Citizen (blog) -New York Magazine
all 4,203 news articles »

NY Leaders Say US Senate Tax Bill Even Worse For State - WAMC

Sat, 11/18/2017 - 10:24

WAMC

NY Leaders Say US Senate Tax Bill Even Worse For State
WAMC
The U.S. House of Representatives has approved a tax overhaul plan that some state leaders say will harm New York. Eyes are now on the Senate, where a vote is expected after Thanksgiving. Governor Andrew Cuomo, Senator Chuck Schumer and other ...
NY Republicans Accuse Cuomo Of Lying About Tax Reform VoteCBS New York
NY Gov. Cuomo Calls State Republicans' Vote For House Tax Bill 'Treasonous'Fox News Insider
Republican Congress Members Accuse Cuomo of 'Outright Lying'New York Times
WXXI News -WBFO -Washington Free Beacon
all 34 news articles »

Can't Follow the Tax Debate? Read This. - New York Times

Sat, 11/18/2017 - 04:00

New York Times

Can't Follow the Tax Debate? Read This.
New York Times
Ever wonder if another country might have a tax model for us to imitate? This book takes readers on a tour of tax systems around the world. Part of Reid's argument is that taxes can actually be a source of prosperity for a nation; in New Zealand, for ...

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