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The average tax cut would be $1,600 in 2018, but the average household earning more than $1 million would get a nearly $70,000 cut.
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With a projected multibillion-dollar deficit and looming federal changes that could cost the state billions more, the biggest obstacle in the upcoming…
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A proposal unveiled Thursday seeks to permanently cut corporate taxes to 20 percent. It would reduce the number of tax brackets and cap deductions on mortgage interest and local taxes.
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Congressional Democrats in New York are criticizing a federal budget approved by the House on Thursday that paves the way for a tax reform plan that could…