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Taxes

Meet Candidates For Westchester County Executive: Here's Special Election Date Meet Candidates For Westchester County Executive: Here's Special Election Date
Meet Candidates For Westchester County Executive: Here's Special Election Date The race for Westchester County Executive is heating up as Democrat Ken Jenkins and Republican Christine Sculti prepare to face off in a special election for the county's top position.  The special election, which will be held on Tuesday, Feb. 11, follows a leadership transition prompted by former County Executive George Latimer's departure to represent New York's 16th Congressional District in Washington. Jenkins, who was named County Executive by the Westchester County Board of Legislators in early January, is currently serving in the role until the election. As a longtime public ser…
NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes
NYers To Receive Share of $106M Settlement Over Vanguard Retirement Fund Changes Thousands of New Yorkers forced to pay higher taxes on their retirement savings are set to receive restitution after a $106 million, multi-state settlement was reached with Vanguard Group. The agreement, announced by New York Attorney General Letitia James on Friday, Jan. 17, comes after the investment advisory firm failed to inform investors of changes to its retirement funds.  Those changes led to unexpected and significant capital gains tax bills for hundreds of thousands of investors, including over 15,000 in New York, James’ office said. An investigation found that Vanguard reduc…
This Local Race Seen As Most Heated Amid Focus On Presidential Election This Local Race Seen As Most Heated Amid Focus On Presidential Election
This Local Race Seen As Most Heated Amid Focus On Presidential Election While all eyes will be on the 2020 presidential election, a hotly contested local race is expected to come down to the wire in the Hudson Valley. The race between one-term incumbent Democratic Sen. Pete Harckham and former Westchester County Executive Rob Astorino in the 40th Senate District has been a back-and-forth affair, with neither candidate a clear frontrunner. The 40th district includes parts of Westchester, Putnam, and Dutchess counties. Despite having a sizable lead in registered voters in the district, the seat had long been held by Republicans before Harckham’s victory two year…
'Good Riddance,' Cuomo Tells Trump As Lifelong NYer Declares Himself Permanent Florida Resident 'Good Riddance,' Cuomo Tells Trump As Lifelong NYer Declares Himself Permanent Florida Resident
'Good Riddance,' Cuomo Tells Trump As Lifelong NYer Declares Himself Permanent Florida Resident President Donald Trump, a lifelong New York resident, and First Lady Melania Trump have filed a “declaration of domicile,” that will make their Mar-a-Lago Club in Palm Beach, Florida, their permanent residence. “If I maintain another place or places of abode in some other state or states, I hereby declare that my above-described residence and abode in the State of Florida constitutes my predominant and principal home, and I intend to continue it permanently as such,” states the document that Trump filed with the Palm Beach County Circuit Court.  It has been reported that Trump’s decisi…
New York's No. 1 - For Highest Taxes In Nation, According To New Data New York's No. 1 - For Highest Taxes In Nation, According To New Data
New York's No. 1 - For Highest Taxes In Nation, According To New Data A brand-new study has revealed that New York and Connecticut are paying the highest taxes in the country. 24/7 Wall Street released the report reviewing the “total tax burden as a share of income on a per capita basis” to identify the states with the lowest and highest tax burden. Federal taxes were not included in the calculations. The study found that New York led the way as the highest taxed state in the country, with 12.7 percent of income going toward taxes. Connecticut was just being at 12.6 percent. The study’s methodology can be found here. Details from the report include:  N…
Westchester, Putnam, Rockland County Execs Share Thoughts On Biggest Issues Westchester, Putnam, Rockland County Execs Share Thoughts On Biggest Issues
Westchester, Putnam, Rockland County Execs Share Thoughts On Biggest Issues Westchester County's new County Executive George Latimer made his Pattern for Progress debut Monday, April 23 as he joined Rockland County Executive Ed Day and Putnam County Executive Mary Ellen Odell for an annual Southern County Leaders discussion. It was held in Putnam County for the first time this year. Moderated by Pattern's President & CEO Jonathan Drapkin, the three county executives discussed some of the major issues facing the lower Hudson Valley, including high taxes, the opioid epidemic, and the need for infrastructure upgrades.  Additional questions came from audience membe…