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The Robin Hood budget: NY’s $212B plan taxes rich, gives to poor. But can it last? Updated 7:03 AM; Today 6:00 AM View of the Assembly Chamber during a Legislative Session at the New York state Capitol, Monday, March 8, 2021, in Albany, N.Y.Hans Pennink | AP Photo Facebook Share Syracuse, N.Y. – The state’s largest spending plan in history raises taxes on the richest New Yorkers and showers billions of dollars on poor school districts, undocumented workers, parents paying for child care and small businesses gutted by the coronavirus pandemic. The $212 billion plan includes an incremen...

New York will continue to apply state income tax to 2020 unemployment benefits in full despite the federal government exempting the first $10,200. Gov. Andrew Cuomo's administration confirmed the decision Wednesday during a news conference on the new $212 billion state budget. The decision came almost a month after the federal government, in the most recent stimulus package, opted against taxing the first $10,200 of unemployment benefits received by individuals with an adjusted gross income of less than $150,000 in 2020. “There has been no change to the taxable status of the unemploymen...

Capitol Confidential By Edward McKinley on April 6, 2021 at 6:30 AM Gov. Andrew M. Cuomo said he and the leaders of the state Legislature have reached “a conceptual agreement on allissues” related to the budget, but questions remain about how mobile sports betting will be implemented as well as a fund to provide stimulus payments to undocumented immigrants. (TU) As Cuomo was touting the state’s response publicly, behind the scenes, the governor at times blurred political tasks with state resources, as did some key staffers in his office, according to documents r...

Battle brewing over continuation of takeout alcohol at NY restaurants Updated Mar 11, 2021; Posted Mar 11, 2021 Big Kid Pouch cocktails from Rise N Shine in Syracuse are seen in a file photo.Jared Paventi | jaredpaventi@gmail.com Facebook Share By Steve Barnes | Times Union, Albany Albany, N.Y. Amid the rush to finish the state budget, navigate scandals surrounding Gov. Andrew M. Cuomo and chart a path forward in the battle against the coronavirus pandemic, a few state legislators are trying to keep at least some attention focused on continuing the sale of takeout alcohol from restaurants. ...

Battle brewing to continue alcohol takeout from restaurants FacebookTwitterEmail 11 1of11Takeout cocktails from Albany Distilling Co. in Albany.Susie Davidson Powell/For the Times UnionShow MoreShow Less 2of11Buy PhotoAssemblywoman Pat Fahy speaks during a Times Union editorial board meeting Tuesday Oct. 21, 2014, in Colonie, N.Y. (Will Waldron/Times Union)WWShow MoreShow Less 4of11Buy PhotoScott Wexler, executive director of the Empire State Restaurant and Tavern Association, center, speaks during a press conference where restaurant and hospitality trade association leaders advoc...