Gov. Andrew Cuomo proposed raising taxes to a combined 14.7% for the wealthiest New Yorkers, to help reduce the state's historic budget deficit due to Covid.
  • CNBC
  • Jan 20, 2021

Cuomo proposal would raise top tax rate for New York City to 14.7%, highest combined rate in nation - CNBC

The state would raise the top tax rate to 10.86%, up from 8.82%, Cuomo said. That would yield a top rate of 14.7% for the wealthiest New York City residents in combined taxes. "[It] would be the hig… [+102 chars]

More In general