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Cuomo wants to tax employers to get around new tax law

Posted: Thu Jan 18, 2018 2:25 pm
by USN_Hokie
Alternate title: IP is about to get a pay cut.
Cuomo proposed as part of his 2018 state budget Tuesday to essentially do away with the state income tax on the wages earned by New Yorkers and replace it with an equivalent tax on employers. So instead of taxing wage earners, the state would tax employers on the wages they pay to their workers.

http://www.syracuse.com/news/index.ssf/ ... x_law.html

Re: Cuomo wants to tax employers to get around new tax law

Posted: Thu Jan 18, 2018 2:37 pm
by RiverguyVT
Ha. This should work out well.

did he learn nothing from CT next door?

Re: Cuomo wants to tax employers to get around new tax law

Posted: Thu Jan 18, 2018 4:19 pm
by ip_law-hokie
USN_Hokie wrote:Alternate title: IP is about to get a pay cut.
Cuomo proposed as part of his 2018 state budget Tuesday to essentially do away with the state income tax on the wages earned by New Yorkers and replace it with an equivalent tax on employers. So instead of taxing wage earners, the state would tax employers on the wages they pay to their workers.

http://www.syracuse.com/news/index.ssf/ ... x_law.html
Thanks for the concern, Cap’n. But I’m doing just fine.


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