Taxes

Cooper Union's "Unusual" Tax Breaks Pour Salt on Tuition Wound

Even though Cooper Union will begin charging tuition to the class of 2014, breaking with its 111-year tradition--and, some say, mission--of keeping education free, the school will still be receiving special tax breaks from the city, an issue that an Independent Budget Office analysis has critiqued. ... More >>

The Top Eight Celebrity Tax Evaders

After clutching at the spotlight, a lot of stars learn how to evade things--like parapazzi, fans, and especially the IRS. Here's a very timely summation I was just sent which details the top celebrity tax evaders of all time. It's free, so don't even think of writing it off! Top Celebrity Tax Evad ... More >>

The 10 Most Corrupt Tax Loopholes

If Mitt Romney won't tell you which need to be closed, we will

Charlie Rangel, Legendary Tax Cheat, Lectures Mitt Romney On Paying Taxes

Say what you will about Mitt Romney's dopey comments that 47-percent of Americans are basically free-loading schlubs, but the last person -- literally, the absolute last person -- who should ever chime in on the issue is legendary tax cheat/New York Congressman Charlie Rangel.But guess who chimed in ... More >>

Edith Windsor, Octogenarian Lesbian Widow: Take My DOMA Case to the Supreme Court!

Edith Windsor, the octogenarian lesbian widow who successfully sued the federal government for over chariging her $363,000 in estate taxes, wants to take her case to the Supreme Court. According to a press release from the New York Civil Liberties Union, which is representing Windsor along with the ... More >>

Will Barack Obama Veto Tax Cuts?

Well, this is a mess... Remember yesterday, when Barack Obama called on Congress to extend Bush-era tax cuts for families making up to $250,000? Remember how Obama made the politically risky move of describing the economy as disappointing under his watch, using that as proof the country needs tax ... More >>

Barack Obama To Congress: Extend Tax Cuts for The Middle Class

Taking aim at trickle down fiscal policies and warning legislators not to hold the American economy "hostage," President Barack Obama demanded today that Congress extend Bush-era middle class tax cuts for a year. Addressing the nation from the White House's East Room, Obama implored Congress to "do ... More >>

Rick Perry's Texas Fantasyland

Rick Perry's Texas is a job-makin', low-taxin' oasis of economic growth. It's also a fantasy.

Rightbloggers Defend Rich Bastards from Obama's Tax Plan

If rightbloggers believe in anything, it's that taxes are bad -- especially if they're on people making over a million dollars. When it was revealed that President Obama would propose a tax on millionaires, the brethren loyally manned the barricades to defend America's rich -- e.g., Donald Trump, ... More >>

Republicans Call Obama Plan 'Class Warfare'; Don't Know Definition of 'Warfare'

​Tomorrow, President Obama will unveil a deficit-cutting proposal that will include a revision to the U.S. tax code. The proposed change will feature a higher tax rate for the wealthiest 0.3% of Americans, who currently pay the IRS with a $15 gift card to Sam Goody every April (estimated figur ... More >>

Dan Garodnick Q&A: The Senate Bill That Would Bail Out Landlords and Gut Court Ruling on Stuy Town Rents

David ShankboneIn 2009, a landmark state appeals court ruling found that the owners of Stuyvesant Town-Peter Cooper Village had illegally deregulated 4,400 apartments while enjoying special tax breaks from the city. Its impact wasn't quite clear; no one was sure what the legal rents of those apartme ... More >>

Il Vagabondo Owner Pleads Guilty to Tax Scam

NYPost.comA plate of manicotti won't make him feel better​ Up until now, Upper East Side Italian restaurant Il Vagabondo (351 East 62nd Street, 212-832-9221) has been best known for its indoor bocce court. But now that owner Ernest Vogliano has pleaded guilty to tax evasion, there's probably ... More >>

New York's Indians Try to Fend Off the (Marlboro) Man: A Court Fight Over Smoking Rights

​Hasn't America already doled out a terrible hand to the Indians already without trying to make them a part of their eugenics and assimilation? Apparently not. Today, the Seneca Nation Indians have to fight off New York State from taxing cigarette purchases made by non-Indians on their reserva ... More >>

NYC Smokers Being Snuffed Out: Tax Hike and $13 Packs No Fun

​It's been six weeks since New York's state government raised the cigarette tax to $4.35 a pack (more in NYC), and guess what? Cigarette sales have fallen by 35 percent. And the tax hike has translated to only $6 million more in revenue since last month. The reason? New York smokers are broke! Or ... More >>

Andrew Cuomo Hanging Out With BFF Fred Dicker Not Good News for Other State Democrats

Andrew Cuomo's decision to announce new tax policy on Fred Dicker's Albany radio show is as bad for the state as it is for Cuomo. It's already added to the budget drama gripping Albany. All you have to do is read the New York Post to see how often Freddie and Andrew talk, though the attorney genera ... More >>

It Lives: Paterson's Soda Tax Is Now a Modified Sugar-Sweetened Beverage Tax

voxefxtm/Flickr​In March, Governor Paterson announced plans to ditch his soda tax, thanks to $1.3 billion of federal stimulus money. But the soda tax is apparently still alive and well, and living under an assumed name: it's now called the modified sugar-sweetened beverage tax.

Steve Levy Goes Comic on Cuomo -- Has the AG Got a Comeback Line?

​Today finally brings the first good gag of the gubernatorial race, and it comes from none other than Steve Levy, that Long Island Iced Tea-bagger with the bandito moustache. Levy's shot is a well-aimed barb at would-be rival Andrew Cuomo who is still an unannounced gubernatorial candidate ("W ... More >>

Report: Kingsbridge Mall Deal a Loser for the City Without "Living Wage"

Activists want the proposed Kingsbridge Armory shopping center in The Bronx to mandate a "living wage" ($10 an hour with benefits, $11.50 without) for workers there. Sympathetic city councilmembers on the zoning committee threaten to make trouble, and the city tries to strike a deal with them. A vo ... More >>

Breaking: H&H Bagels Owner Indicted for Stealing Withholding Taxes and Unemployment Insurance Tax Evasion

Ty Hewitt/New York Magazine​Earlier this afternoon, Manhattan District Attorney Robert Morgenthau announced the arrest and indictment of Helmer Toro, the owner of H&H Bagels, for stealing withholding taxes and evading unemployment insurance tax in connection with his wholesale and retail busin ... More >>

D.A.: H&H Bagel King Collected Taxes from Workers, Didn't Give to Govt.

Poor Helmer Toro, owner of the legendary H&H Bagels, can't seem to stay out of trouble. In summer 2008 we noted some of his legal and financial woes, including a $2.335 million property lien brought against him by the IRS. Toro had previously been accused of shunting some of his tax liability to a q ... More >>

Poll: Tax Half-Millionaires, Quarter-Millionaires, and Millionaires

Ah, the wisdom of the people: a Quinnipiac poll shows 79 percent of New York state residents approve of increasing taxes on millionaires. In fact, they approve of tax hikes on people making half a mil, and even a quarter mil, though by slimmer margins. The Albany Times-Union headlines this news "vo ... More >>

Liveblogging Quinn's State of the City: Cuts, Tax the Rich, Not Sales

At her upcoming State of the City speech, which she is expected to bellow at any moment, Council Speaker Christine Quinn is expected to propose an income tax hike on richer New Yorkers, says Liz Benjamin. Citizens making between $297,000 and $532,000 would see their rate rise from 3.683 percent to ... More >>

When Elephants Fight: Not-quite-liveblogging the Brodsky Yankees Hearing

This morning in Yankeefunland: Assemblymember Richard Brodsky's surprise last-second hearing on the latest round of taxpayer-financed Yanks and Mets stadium bonds, with promised testimony (under duress) from Yankees president Randy Levine and city Economic Development Corporation chief Seth Pinsky ... More >>

Brodsky Hearing: IBO Says Mets, Yanks Stadiums Costing Taxpayers $1.2 Billion

Play-by-play of Assemblymember Richard Brodsky's hearing on the new Yankees stadium project, continued from last post: 11:29 am: Brodsky and Yankees president Randy Levine are now squabbling over which documents have and haven't been provided when. Moments later, city development chief Seth Pinsky ... More >>

Jersey Beats New York in Median Property Tax List

Pinsky Says New Yankee Stadium "A Home Run"; We Cry Foul

Black Gold Vs. Corporate Gold

Black Gold Vs. Corporate Gold

Taxpayer Cost of Yanks' Bond Demands: $82.9 Million

Protesters Pop In On the Carlyle Group

NYC's Cheap Housing Policy: Too Pricey?

P.S. 64: A Tax Break! A Dorm! A Homeless Shelter?

Spire Education: Cooper Union's Towering Tax Break

Spire Education

Cooper Union's Towering Tax Break

Bloomberg's Gift Horse

Yanks and Mets stadiums could cost taxpayers $800 million

Land Doesn't Pay

The city's $7 billion-a-year property tax gap—no wonder we're broke

Corporate Tax Rewrite

Giving Away the Store

A costly, developing problem for New York City that's three decades old

Do They Take Us for Fools? Yes.

Upon Further Review: The Cheney-Edwards Judges Fumbled

Where Credit Is Due

Council Plan Helps Landlords Do the Right Thing

This Is Rich

Inside a Bush Brainstorming Session

Pataki's Class Bias

Guv Seeks Sacrifice From Average New Yorkers, Protects High-End Friends

West Side Stories

Scrounging Up $3 Billion in 'New' Tax Money? Hey, No Problem.

Pay Your Share

Out-of-Towners, Stock Speculators, Unions Must Ante Up in Fiscal Crisis

The Paper of Wreckage

The 'Times' Bulldozes Its Way to a Sweetheart Land Deal You Will Pay For

One for You, 19 for Me

April 15 May Be the Least Popular Day on the Calendar. Ready?

No Bad Deed Goes Punished

Why Has a Convicted Brooklyn Landlord Been Let Off Easy?

Trust Fund Trussed?

World Trade Center Lease Deal Could Slash Housing Revenue

Left Out

Aiding the Middle Class