Blakeman Pitches Major New York Income Tax Cut
Bruce Blakeman is pitching a major change to New York’s income tax system as he campaigns for governor.
The Nassau County executive’s plan would eliminate state income taxes on the first $50,000 earned by single filers and the first $100,000 earned by joint filers.
His campaign says some New Yorkers would pay no state income tax at all.
But the proposal is drawing questions over how much it could cost the state and how Blakeman would make up for the lost revenue.
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