Tax Freedom Day No Party For “Tea’d” Off New Yorkers
Tax Freedom Day arrives on Saturday, April 25, and with it the sobering news that New Yorkers are some of the most overtaxed people in the nation, according to statistics supplied by the Tax Foundation, a nonprofit educational organization based in Washington, D.C. The foundation determined that New Yorkers worked 115 days to pay for federal, state and local taxes this year, trailing only New Jersey and Connecticut in days logged. That’s 31.5 percent of individual income going to taxes this year.
Assemblyman Andrew Raia (R,I,C-East Northport) reacted to this disturbing assessment, and called on the Legislature to redouble its efforts to relieve hardworking New Yorkers of their financial burden, starting with reinstating the Middle Class STAR Program’s rebate checks eliminated in the 2009-10 state budget.
“Long Islanders are paying the highest property taxes in the state,” said Raia. “The STAR Program returned about $600 to $800 to every property owner in the region; now that it has been abolished by the New York City politicians who control the Legislature, our share of taxes is higher than ever. I strongly urge my colleagues to read the Tax Freedom Day report and act swiftly to cut the taxes of hardworking families and job-creating businesses.”
The Tax Foundation has been tracking state-by-state tax data since 1970.