Leaders turn to taxes, fees to balance budget

(AP) - New York's leaders have turned to the salestax on clothing and other taxes and fees to balance a budget theyare still developing after

ALBANY - (AP) - New York's leaders have turned to the salestax on clothing and other taxes and fees to balance a budget theyare still developing after missing an April 1 deadline.

Two state officials said one of the so-called 'revenue raisers'under discussion would increase the state sales tax on clothing.One of the officials said the proposal includes three or fourtax-free clothes shopping periods each year, including beforeschool begins in the fall and at the December holidays. Current lawexempts purchases of footwear and clothing under $110 from thestate's 4 percent sales tax.

The officials spoke on the condition of anonymity because of thesensitivity of the talks. No other details were immediatelyavailable.

Democratic Gov. David Paterson told reporters

advertisement | advertise on News 12

Trending Video

Officials responded to a report of an assault 1 Police: Man fatally stabbed in East New York
Some Bay Ridge residents say they're tired of 2 CB6 wants 2-way toll on Verrazano Bridge
After four tumultuous weeks of governing, President Donald 3 Trump rallies supporters by renewing old promises, insults
News 12 Brooklyn asked residents what they thought 4 Word on the Street: President Trump news conference
VIDEO: Brownsville students march in 'Black Minds Matter' 5 VIDEO: Brownsville students march in 'Black Minds Matter' rally

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE