Would You Pay More Taxes to Work in NYC?
Manhattan Borough president wants to reinstate 0.45 percent tax on New Jersey residents abolished in 1999.
Teaneck residents who commute into New York City could end up paying a tax for doing so if the Manhattan Borough president has his way. Scott Stringer wants to reinstate a 0.45 percent tax taken from the salaries of workers who don't live in New York City, projected to generate $725 million annually. More than 72,000 Bergen County residents commute to New York, NJ Spotlight reports. Gov. Chris Christie, unsurprisingly, hates the idea, the Associated Press reports. He said New Jersey and New York should avoid "border wars." State Senator Kevin O'Toole (R-40) called the "border war" nothing more than a "go-to-work penalty levied on productive people." The Star-Ledger editorial board called the proposal a "campaign stunt." Stringer is running…
Diane Schwarz
3:14 pm on Thursday, April 26, 2012
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