Manhattan Institute Issues Commentary to Times Union: This Simple Reform Could Make a Big Difference to N.Y. Taxpayers
August 29, 2025
August 29, 2025
NEW YORK, Aug. 29 -- The Manhattan Institute issued the following excerpts of a commentary on Aug. 27, 2025, to Times Union:
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This Simple Reform Could Make a Big Difference to N.Y. Taxpayers
By Paul Dreyer
Because New York doesn't index tax rates to inflation, inflation-driven wage increases get eaten away by "bracket creep."
State leaders pride themselves on affordability measures, like Gov. Kathy Hochul's . . .
* * *
This Simple Reform Could Make a Big Difference to N.Y. Taxpayers
By Paul Dreyer
Because New York doesn't index tax rates to inflation, inflation-driven wage increases get eaten away by "bracket creep."
State leaders pride themselves on affordability measures, like Gov. Kathy Hochul's . . .