Testimony on Joint Legislative Budget Hearing on Taxes — Center for New York City Affairs George V. Sweeting, Senior Fellow at the Center for New York City Affairs (CNYCA), submitted written testimony to the Standing Committees on Finance and Ways and Means on Thursday, 27 February 2025. ...

Last week, George Sweeting testified on NYS’ FY 2026 budget proposals. He critiqued the Inflation Refund Credit (IRC) as inefficient and urged lawmakers to expand the child tax credit and adjust personal income tax (PIT) brackets. Read more: 🔗 www.centernyc.org/reports-brie... #TaxReform #NYSBudget

05.03.2025 19:34 — 👍 0    🔁 0    💬 0    📌 0

While the Top Three Percent of Wage Earners Get Richer, New York City’s Low Wage Workers Risk Greater Poverty. — Center for New York City Affairs The top three percent of wage earners in New York City experienced a significant wage growth of nine percent in 2024, diverging further from both middle and low-income workers, exacerbating income ine...

Written by Mohamed Obaidy, the CNYCA Feb. Economic Update discusses how the top 3% of wage earners have seen their income soar, while low-wage workers are falling further behind. It's time for more balanced tax policies📢 Read more: 🔗 www.centernyc.org/reports-brie... #IncomeInequality

27.02.2025 18:03 — 👍 2    🔁 1    💬 0    📌 0