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Let utility tax sunset as pledged

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New York is in better financial shape than it was four years ago when, at then-Gov. David Paterson’s request, the Legislature imposed a new utility “surcharge” of 1.67 percent that has since raised roughly $500 million a year for the state. But it’s hardly in good enough shape to forgo the revenue, this year or in the immediate future, which is why Gov. Andrew Cuomo has proposed extending the tax — call it what it ...


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comments

albright1
February 8, 2013
8:25 a.m.

[ Flag Post ]

Good for you guys. You finally came down on the proper side of an issue. (except of course the classic "tax the rich instead" part)

hodgkins.t
February 8, 2013
11:12 a.m.

[ Flag Post ]

technically its is an assessment levied under section 18-A (6) of the public service law- not the tax law. residential energy is exempt from state sales tax, but localities can assess their own sales taxes: http://www.tax.ny.gov/pdf/publications/s...

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