Assemblyman Michael Tannousis (R,C- Staten Island/Brooklyn), Assemblyman Michael Reilly (R-South Shore) and their Assembly Minority colleagues today announced they would be introducing legislation to suspend sales tax on a variety of goods and services in an effort to provide New Yorkers some relief from soaring prices. Called the “Inflation Relief & Consumer Assistance Plan,” the legislation would lower prices on everyday goods by eliminating sales tax for two years.
Data from the Bureau of Labor Statistics shows a steep increase in the prices Americans are paying for everyday goods and services over the past year. The Inflation Relief & Consumer Assistance Plan will assist all New Yorkers struggling with ever-growing inflation by immediately suspending state sales tax charges on things like gasoline, personal care products, housekeeping supplies and food.
“It’s no secret that the prices we pay for everyday items and necessities has skyrocketed in recent months. New Yorkers everywhere are faced with the highest gas, energy and food prices we have seen in almost a decade,” said Tannousis. “I was proud to co-sponsor the ‘Inflation Relief & Consumer Assistance Plan.’ This is the kind of legislation that provides real, meaningful help to our communities.”
"With record-high gas, energy, and food prices, along with the cost of most consumer goods on the rise, it really comes as no surprise that New York continues to rank among the least business friendly and the least family friendly states in the nation," said Assemblyman Michael Reilly (R-South Shore). "I am pleased to join my Assembly Minority colleagues in introducing this important legislation which aims to make New York's cost of living more affordable for the middle- and working-class families who call this state home."