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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Dec 17, 1997
Page
1
Gov. George Pataki says no further personal income tax cuts in 1998 after completing a three year plan reducing rates about 25 percent. He cautions the Legislature against an election year spending binge and notes no anticipated tax cuts in the $8 billion budget.
Camillus residents press Gov Andrew Cuomo and lawmakers for Jenna’s Law amid calls to curb the tax boom driving Wall Street gains. Senate Leader Joseph Bruno previews a near 1 billion dollar tax relief plan, aiming to speed property tax cuts. Pataki backs relief but warns fiscal caution for future years.
Republican Senate leader Joseph Bruno proposes a 980 million dollar annual tax cut by 2001 as part of a 1998 budget surplus plan. The package speeds up a 2.2 billion property tax cut for homeowners and lowers corporate tax to 6.85 percent, cuts motor vehicle fees, extends child care credits, and aids small and financial service firms. This comes as all legislators face re-election.
A Herald’s Journal Study reports a widening gap between New York’s wealthiest and poorest groups. The article connects income inequality to broader social and economic trends reflected in urban life and policy debates.
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