Tag:

Sales Tax

Putnam

News

Clothing Under $110 Now Exempt From Sales Tax In Putnam: Here's How Long

Clothing Under $110 Now Exempt From Sales Tax In Putnam: Here's How Long

Clothing Under $110 Now Exempt From Sales Tax In Putnam: Here's How Long Those who purchase any clothing or footwear cheaper than $110 in one Hudson Valley county will not have to pay sales tax thanks to a new piece of legislation. Effective on Friday, March 1, clothing and footwear under $110 purchased in Putnam County will be exempt from sales tax for two years, officials announced. The exemption comes thanks to a piece of legislation signed into law by Putnam County Executive Kevin Byrne in 2023. The legislation was passed unanimously by the County Legislature in November as part of a series of initiatives in the 2024 County Budget. …

03/04/2024

White Plains

News

Check Your Bill: What To Do If You Are Charged Sales Tax On Home Energy In Westchester

Check Your Bill: What To Do If You Are Charged Sales Tax On Home Energy In Westchester

Check Your Bill: What To Do If You Are Charged Sales Tax On Home Energy In Westchester Those who live in Westchester County should check their heating bills to make sure they are not being charged for sales tax, county officials said. That's because sales tax collection on home energy costs in Westchester County has been suspended through the months of December, January, and February, according to County Executive George Latimer, who is urging residents to make sure this is reflected on their heating bills. The suspension, which will last until Tuesday, Feb. 28, covers home heating oil, propane, natural gas, electric, coal, and wood for residential heati…

12/25/2022

White Plains

News

Sales Tax On Home Energy Costs To Be Suspended In Westchester County, Officials Say

Sales Tax On Home Energy Costs To Be Suspended In Westchester County, Officials Say

Sales Tax On Home Energy Costs To Be Suspended In Westchester County, Officials Say A suspension of the sales tax on home energy costs will soon take effect in Westchester County to help residents save some money, county officials announced. The suspension will start on Thursday, Dec. 1, and last until Tuesday, Feb. 28, County Executive George Latimer announced on Tuesday, Nov. 1. "As we all face rising costs in our daily lives, this suspension of certain sales tax will add extra dollars to the wallets of those who call Westchester home," Latimer said. The suspension will cover home heating oil, propane, natural gas, electric, coal, and wood for res…

11/01/2022

White Plains

Lifestyle

Westchester County Executive Proposes Gas Tax Cap, Free Bee-Line Buses

Westchester County Executive Proposes Gas Tax Cap, Free Bee-Line Buses

Westchester County Executive Proposes Gas Tax Cap, Free Bee-Line Buses Westchester County Executive George Latimer is pushing to make transportation cheaper and more accessible for area residents. During his latest briefing, Latimer announced that he is directing the county’s Bee-Line bus service to suspend fares for riders during the summer until a later date. The free rides are expected to begin on Wednesday, June 1. In addition to the Bee-Line bus announcement, Latimer also threw his support behind suspending gas taxes amid record inflation in record-high prices at the pump. That legislation has been submitted to the Westchester Board of Legislators, he …

04/27/2022

Clarkstown

News

Rockland County Capping Sales Tax On Gasoline

Rockland County Capping Sales Tax On Gasoline

Rockland County Capping Sales Tax On Gasoline Some financial relief is coming to Hudson Valley motorists as elected officials in one county announce a cap on gasoline sales tax in the region. Rockland County Executive Ed Day and County Legislature Chairman Jay Hood Jr. announced that local sales tax on gasoline will be capped at $2 per gallon amid the record spike in prices at the pump. According to officials, the change means sales tax will only be applied to the first $2 of a gasoline purchase, as opposed to the full gas price. The gasoline tax cap will begin on Wednesday, June 1, and be in effect through Feb. 28, 2023. Furth…

04/24/2022

Hartford

News

Here's When CT 'Gas Tax Holiday' Plan For Relief On Prices Could Start

Here's When CT 'Gas Tax Holiday' Plan For Relief On Prices Could Start

Here's When CT 'Gas Tax Holiday' Plan For Relief On Prices Could Start Connecticut Gov. Ned Lamont has a plan to provide motorists a bit of financial relief as gas prices at the pump continue to surge to record highs. Lamont announced on Monday, March 14 that there was a bipartisan agreement to enact a “gas tax holiday” that could begin within a week to eliminate the 25-cent per-gallon tax through the summer. According to the governor, the “holiday” will cost the state approximately $90 million and could cut the tax through Thursday, June 30. If approved by the General Assembly, the “holiday” could begin as soon as next week. Lamont added that the state may …

03/14/2022

Suffolk NY

Business

Here's Why Netflix Bills Are Getting Higher For NYers

Here's Why Netflix Bills Are Getting Higher For NYers

Here's Why Netflix Bills Are Getting Higher For NYers Netflix subscribers in New York can expect to see an increase in their upcoming bills. The video streaming giant won’t be raising its monthly fee for all users, but it will begin adding in state and local sales tax for New Yorkers for the first time beginning this month when monthly bills are applied on Wednesday, Dec. 15. The change comes as Netflix prepares to add games to their package, so while streaming services are exempt from those taxes, games are not, prompting the price hike. Netflix’s standard subscription plan costs $13.99 monthly. The state sales tax is 4 percent, and most co…

12/09/2021

Orangetown

Politics

Moody's Increases Rockland's Bond Rating To A1

Moody's Increases Rockland's Bond Rating To A1

Moody's Increases Rockland's Bond Rating To A1 Despite being in the midst of a global pandemic, Moody’s Investigators Service has increased Rockland County’s bond rating. This week, Moody’s announced that Rockland’s rating has been upped from A2 to A1. According to Moody’s, the upgrade of the rating to A1 reflects the county's recently improved financial position which is being challenged with sales tax and state aid losses as a result of the COVID-19 pandemic. “We regard the coronavirus outbreak as a social risk under our ESG framework, given the substantial implications for public health and safety,” Moody’s evaluators stated. “The …

08/25/2020

Litchfield

News

COVID-19: Plastic Bag Fee Returns In Connecticut

COVID-19: Plastic Bag Fee Returns In Connecticut

Covid-19: Plastic Bag Fee Returns In Connecticut After being suspended for more than three months, the plastic bag fee at retailers in Connecticut is back as the state recovers from the novel coronavirus (COVID-19) pandemic. Connecticut Gov. Ned Lamont signed an Executive Order on Thursday, March 26 suspending the $0.10 fee for each single-use plastic bag in an attempt to curtail the spread of COVID-19. That Executive Order expired on June 30, and as of Wednesday, July 1, retailers providing customers with plastic bags will once again be collecting the fee, which goes to the state’s Department of Revenue Services. If a store charges a …

07/01/2020

Litchfield

News

COVID-19 Crisis Could Cost Connecticut Billions, Lamont Says

COVID-19 Crisis Could Cost Connecticut Billions, Lamont Says

Covid-19 Crisis Could Cost Connecticut Billions, Lamont Says The novel coronavirus (COVID-19) outbreak could wind up costing Connecticut billions of dollars and wiping out the state’s rainy day fund. Calling the numbers “sobering,” Connecticut Gov. Ned Lamont previously said that Connecticut will end the fiscal year with a $1 billion budget shortfall, with the number potentially doubling over the next cycle, which begins in July. Budget numbers released by the Office of Fiscal Analysis show Connecticut’s budget deficit this year grew to over $1 billion, an increase of more than $687 million over the previous estimate. Sales tax revenue dro…

05/21/2020

Tarrytown-SleepyHollow

News

COVID-19: Westchester Faces 'Serious Fiscal Crisis,' County Executive Says

COVID-19: Westchester Faces 'Serious Fiscal Crisis,' County Executive Says

Covid-19: Westchester Faces 'Serious Fiscal Crisis,' County Executive Says Westchester’s finances are in “freefall,” as the novel coronavirus (COVID-19) pandemic has now lasted more than a month and a half, County Executive George Latimer said. Due to the pandemic, the county’s traditional sources of revenue “hang in a field of unknowns,” which has impacted residents and businesses that are suffering financially, Latimer said. “The greatest priority of Westchester County government is the care of the almost one million people who live here during this unprecedented pandemic,” he said. “But, that care comes with a massive price tag as we address the outbreak o…

04/16/2020

Stratford

News

These New CT Laws Have Gone Into Effect In 2020

These New CT Laws Have Gone Into Effect In 2020

These New CT Laws Have Gone Into Effect In 2020 A new year is bringing some new laws for residents in Connecticut. Though elected officials won’t head back to work for another week, the dawn of 2020 is bringing a host of new laws that will impact residents in the Nutmeg State. Among the biggest changes coming to Connecticut residents: Minimum wage increase to $11 an hour, which took effect late last year; The smoking age has been raised to 21; Residents will only be required to renew their driver’s license every eight years, and vehicle registration every three years; Sales tax will be included in several formerly-exempt items - inclu…

01/03/2020

DV Plus - Fairfield

Politics

Around The Towns: Ganim Faces Primary, Murphy Talks To Trump, Sales Tax Free Week Intact

Around The Towns: Ganim Faces Primary, Murphy Talks To Trump, Sales Tax Free Week Intact

Around The Towns: Ganim Faces Primary, Murphy Talks To Trump, Sales Tax Free Week Intact State Sen. Marilyn Moore will face incumbent Bridgeport Mayor Joe Ganim in next month's primary election. On Tuesday, Aug. 13, Moore was notified by elections officials that she had petitioned successfully onto the Sept. 10 Democratic primary ballot -- setting the stage for a battle against Ganim, longtime mayor. Three Republicans will also face off in a Sept. 10 primary for mayor: Ethan Book and Dishon Francis both forced primaries against GOP-endorsed John Rodriguez. Moore needed verified signatures from five percent of Democratic electors in Bridgeport. "Bridgeport needs a mayor …

08/14/2019

White Plains

Politics

Here's When Westchester Sales Tax Increase Takes Effect

Here's When Westchester Sales Tax Increase Takes Effect

Here's When Westchester Sales Tax Increase Takes Effect Shoppers in Westchester will be spending a little more after New York Gov. Andrew Cuomo signed a bill to increase sales tax in county municipalities. Cuomo signed the Westchester Property Tax Payer Protection Act on Sunday, June 30, which will increase sales tax by 1 percent - up to 8.375 - in the county’s 20 villages, 19 towns, and the cities of Peekskill and Rye. It takes effect on Aug. 1. As part of the bill, the property tax levy will remain flat for the next two years. The proposal is expected to help stabilize the county’s finances after losing its AAA rating - the highest r…

07/01/2019

Pleasantville

Lifestyle

New York's No. 1 - For Highest Taxes In Nation, According To New Data

New York's No. 1 - For Highest Taxes In Nation, According To New Data

New York's No. 1 - For Highest Taxes In Nation, According To New Data A brand-new study has revealed that New York and Connecticut are paying the highest taxes in the country. 24/7 Wall Street released the report reviewing the “total tax burden as a share of income on a per capita basis” to identify the states with the lowest and highest tax burden. Federal taxes were not included in the calculations. The study found that New York led the way as the highest taxed state in the country, with 12.7 percent of income going toward taxes. Connecticut was just being at 12.6 percent. The study’s methodology can be found here. Details from the report include: N…

03/08/2019

White Plains

Politics

Latimer Calls For Slight Sales Tax Increase

Latimer Calls For Slight Sales Tax Increase

Latimer Calls For Slight Sales Tax Increase Property taxes may soon be frozen, but consumers in Westchester will also be paying an increased sales tax if County Executive George Latimer's plan is enacted. Latimer has proposed “The Westchester County Property Taxpayers Protection Act,” which, if approved, would keep the property tax levy flat for two years, while raising sales tax 1 percent. The proposal would help stabilize the county’s finances after losing its AAA rating - the highest ranking available - in each of the Big 3 rating agencies, last year. “As the bond rating agencies scored us and lowered our bond rating, put us on a …

02/18/2019

Fairfield

Politics

Lamont May Push Legislators To Extend Sales Tax To Groceries, Medication For First Time

Lamont May Push Legislators To Extend Sales Tax To Groceries, Medication For First Time

Lamont May Push Legislators To Extend Sales Tax To Groceries, Medication For First Time Groceries and medications may soon be the subject of sales tax as Connecticut Gov. Ned Lamont attempts to cut into a reported $1.5 billion projected shortfall for the upcoming fiscal year. In an effort to close the projected shortfall, Lamont is considering introducing legislation that would see sales tax on groceries and other long-exempt items, according to a ctmirror.com report. The move would come in an effort to “bring fiscal stability” to the state. If approved by lawmakers, taxing groceries and other such items could generate hundreds of millions of dollars annually for the state, he…

01/28/2019

Clarkstown

Politics

Day Vetoes Amended $709M 2019 Budget

Day Vetoes Amended $709M 2019 Budget

Day Vetoes Amended $709M 2019 Budget Rockland County Executive Ed Day used his line-item veto power to strike down 95 amendments totaling several million dollars to the 2019 budget. In vetoing the amended budget, which tops out at $700 million, brought to him by the Democratic majority, Day said the "ill-advised amendments" would have jeopardized the county's plan to dig itself out of a fiscal hole. “The majority’s amended budget would have been a return to the days of speculative revenue, over-estimating sales tax revenue and a refusal to modernize county government,” said Day. “In short, a budget like theirs could lead…

by Kathy Reakes

12/13/2018

Armonk

Politics

Latimer: Balancing Next Budget Calls For Creative, Tough Decisions

Latimer: Balancing Next Budget Calls For Creative, Tough Decisions

Latimer: Balancing Next Budget Calls For Creative, Tough Decisions County Executive George Latimer said balancing next year's county budget requires creative solutions but also some tough decisions. Latimer has introduced his proposed $1.94 billion to the county Board of Legislators, which can revise the budget before its passage next month. In a Wednesday speech before the Business Council of Westchester, Latimer, a 65-year-old Democrat from Rye, said, "That was a fast year." He spoke to the group a year ago after defeating Republican Rob Astorino. Latimer pointed out that he inherited a multi-million dollar budget deficit and depleted reserves but …

12/01/2018