He was chairman of the finance committee in 1953 and led a controversial battle to create a city income tax.
Next April those making over $100,000 will pay extra state and city income taxes.
New York has an unusually high city personal income tax, which can reach 3.65 percent.
Interest is exempt from Federal, state and city income tax.
The place has a city income tax as well as all the usual taxes.
With no state or city income tax, most public projects here are paid for jointly by government and individuals.
They will still pay the city income tax, under the agreement.
Residents pay no state or city personal income tax.
Last year, I paid $75.26 in city income taxes.
Under the Council's plan, those earning less than $10,000 would pay no city income tax.
He was chairman of the finance committee in 1953 and led a controversial battle to create a city income tax.
Next April those making over $100,000 will pay extra state and city income taxes.
New York has an unusually high city personal income tax, which can reach 3.65 percent.
Interest is exempt from Federal, state and city income tax.
The place has a city income tax as well as all the usual taxes.
With no state or city income tax, most public projects here are paid for jointly by government and individuals.
They will still pay the city income tax, under the agreement.
Residents pay no state or city personal income tax.
Last year, I paid $75.26 in city income taxes.
Under the Council's plan, those earning less than $10,000 would pay no city income tax.
