New York's 2 Percent Sales Tax Begins Today
New York State starts a sweeping 2 percent sales tax amid mixed reaction. State Tax Commissioner Joseph Murphy touts broad reach with local tax familiarity. Comptroller Arthur Levitt and taxpayer groups push to repeal or delay. The levy, approved by a Democratic legislature at Governor Rockefeller's urging, targets goods and services including autos, repairs, liquor, dining, and utilities with food, drugs, real estate, and major home repairs exempt. Murphy says $600 million annual revenue expected. administration costs about $12 million and 850 new employees hired. Exemptions apply to out-of-state purchases mailed home. in-state purchases subject to the tax, with autos noted as an exception.
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Albany
N.Y
Joseph Murphy
New York
Arthur Levitt
Nelson. A. Rockefeller
Uusides
Murphy
Octopus Attacks Boy as Sailor Rescues and Kills It
In Giulianova Italy a 45 pound octopus attacked a 10 year old boy and tried to drag him from a cliff into the sea authorities reported. Sailor Cesare Mara rescued the lad then killed the octopus one of the largest ever seen there. The note touches on sales tax policy in New York and Pennsylvania with New York adopting a five percent rate and Pennsylvania having a five percent levy.
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Giulianova
Italy
UPD
Cesare Mara
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