NY Daily Record Since 1908
WASHINGTON — The Senate has debated, sniped and voted on the politically fraught issue of tax cuts, and next week the House is likely to do it all over again. Still, Americans won’t know until after the November elections how ...
Read More »State Senate pushes tax cuts, incentives in jobs bill
ALBANY — New York Senate Majority Leader Dean Skelos says his chamber will push for business tax cuts, tax incentives for jobs, a moratorium on new taxes and a state spending cap in its budget proposal. The election year proposals ...
Tagged with: state Senate tax cuts
Read More »Bernanke cautions about budget shocks next year
WASHINGTON — Federal Reserve Chairman Ben Bernanke is urging senators to resolve debates over tax cuts that expire this month and at the end of the year, saying uncertainty around both could slow the economy. Bernanke tells a Senate panel ...
Tagged with: Budget Federal Reserve tax cuts
Read More »Cuomo sets countdown clock for lower tax rates
New York Gov. Andrew Cuomo has put a countdown clock on his website for when the tax cuts passed earlier this month go into effect. The rates, which cut taxes from 6.85 percent to 6.45 percent for anyone making $40,000 ...
Tagged with: Gov. Andrew Cuomo tax cuts
Read More »Stocks turn mixed as lift from tax cuts fades
NEW YORK CITY — Stocks are turning mixed after three straight weeks of gains as momentum fades about a freshly signed tax-cut package. Major indexes are mostly lower in midday trading Monday, giving up earlier gains.
Tagged with: inflation President Barack Obama stocks tax cuts unemployment benefits
Read More »Paladino wants repeals, cuts in NY business taxes
ALBANY — Republican candidate for governor Carl Paladino says he'll work to repeal the capital gains tax and cut corporate franchise taxes, actions he said will lead to more private sector jobs.
Tagged with: Carl Paladino election Governor New York State tax cuts
Read More »Small biz, banks may spurn Obama’s $30B program
NEW YORK CITY — President Barack Obama’s $30 billion small community business lending program faces one big challenge: many of the community banks and businesses it’s supposed to help don’t want it.
Tagged with: assistance President Barack Obama small business tax cuts
Read More »More Dems joining GOP tax cut camp
WASHINGTON, D.C. — Congress seems increasingly reluctant to let taxes go up, even on wealthier Americans.
Tagged with: Congress Obama tax cuts Taxes
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