Nassau officials argue against proposal to raise corporate taxes in NYS

Nassau officials argue against proposal to raise corporate taxes in NYS

Nassau County Executive Bruce Blakeman on Monday led county officials in pushing back against the proposed plan to raise the tax rate from 7.25% to 11.5% on corporations that operate in New York State. Newsday reporter Candice Ferrette explains.

Nassau County leaders speak out against proposed corporate tax hike

Nassau County Executive Bruce Blakeman spearheaded a press conference with Republican officials and business leaders in Mineola on Monday, Nov. 17, to speak out against a corporate tax hike reportedly being considered by Gov. Kathy Hochul, which is supported by New York City Mayor-Elect Zohran Mamdani. Bloomberg first reported that. Hochul is mulling raising corporate taxes as part of broader efforts to close a potential budget shortfall and hel…