The Buffalo Chronicle
Tax Policy
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New research suggests New York’s top earners are already near the tax ceiling, and Albany should take note
A Tax Foundation summary of new research puts the revenue-maximizing top tax rate near 48%, close to what New York’s highest earners already pay in combined federal and state rates. With a…
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Volunteer firefighter tax credit quadruples to $800, but Hochul’s office describes a narrower law than lawmakers passed
Gov. Hochul signed a bill raising the volunteer firefighter and EMS tax credit from $200 to $800. Her office says it starts in 2027 and can’t be stacked with local property tax…
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POMERLEAU: Biden should improve his corporate tax proposal
BY KYLE POMERLEAU Last week, Democratic challengers Raphael Warnock and Jon Ossoff won their Senate races in Georgia. Joe Biden will enter the White House on January 20 with a large Democratic…
