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COVID-19: If Federal Aid Doesn't Come, NY Income Taxes Will Increase, Cuomo Says COVID-19: If Federal Aid Doesn't Come, NY Income Taxes Will Increase, Cuomo Says
Covid-19: If Federal Aid Doesn't Come, NY Income Taxes Will Increase, Cuomo Says Some of New York’s wealthiest residents could see a rise in their income taxes if the federal government fails to provide emergency aid to states that are necessary due to the COVID-19 pandemic. During an interview on WAMC Radio in Albany, Cuomo said that without funding from President Donald Trump’s administration, New York and other states will be forced to levy significant tax hikes, largely on their wealthiest residents. Cuomo has been critical of the federal government during the pandemic, constantly chiding the administration for its lack of assistance after Trump told governors that …

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by Zak Failla