N.Y. Mayor Adams Unveils 'Axe Tax for Working Class,' Bold Proposal to Eliminate New York City Income Taxes for Working-Class Families
December 05, 2024
December 05, 2024
NEW YORK, Dec. 5 -- New York City Mayor Eric Adams issued the following news on Dec. 4, 2024:
New York City Mayor Eric Adams today announced "Axe the Tax for the Working Class," an ambitious proposal to bring significant tax relief to working-class families and return over $63 million to more than 582,000 New Yorkers. The plan would eliminate the New York City Personal Income Tax for filers with dependents living at or below 150 percent of the federal poverty line, as well . . .
New York City Mayor Eric Adams today announced "Axe the Tax for the Working Class," an ambitious proposal to bring significant tax relief to working-class families and return over $63 million to more than 582,000 New Yorkers. The plan would eliminate the New York City Personal Income Tax for filers with dependents living at or below 150 percent of the federal poverty line, as well . . .