Written by Rob Lillpopp on March 30, 2009 – 12:12 pm
The Ithaca Journal posted on thier website -”Want to buy a bottle of wine? It will cost you another 2 cents, up 27 percent. A 12-pack of beer? Also another two cents, up 59 percent.
Renting a car? Sales taxes will rise from 5 percent to 6 percent. How about monthly utility bills? That will go up another 2 percent a month — as high as $100 a year for some customers.
Does your store sell cigarettes? Expect to pay $1,000 to $5,000 a year in new taxes.
And so the list goes, dozens and dozens of new taxes and fees on New Yorkers as part of a $131.8 billion state budget that lawmakers are expected to pass this week. Paterson said the new taxes and fees total $5.3 billion, but some groups and lawmakers put it closer to $8 billion.
Gov. David Paterson and lawmakers say the revenue raisers are needed to close a $17.7 billion budget gap in the 2009-10 fiscal year, which starts Wednesday.
Business groups warn that the taxes and fees will only lead more people to leave the state and further burden New Yorkers. It comes as the state faces unemployment rates not seen in decades.
“Just when we need private sector job growth to get New Yorkers back to work and lift us out of this recession, Albany leaders are telling NYS employers to take a hike — the largest tax hike in New York State history,” said Kenneth Adams, president of state Business Council . “It is outrageous.”
The biggest new taxes is $4 billion that is expected to be raised through raising income taxes on those whose salaries are as low as $200,000 for individuals and $300,000 for households”
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