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Traffic into Manhattan drops 7.5% in first week of new toll. That's 43,000 fewer cars a day apnews.com/article/mta-co…

Hochul pitched new benefits for semiconductor companies under the state's Excelsior Jobs Program in this week's State of the State. -7% jobs tax credit, 3% investment tax credit for supply chain companies -credit for semiconductor research investments bloomberglaw.com/bloomberglawne…

We can't have a real conversation about affordability in NYC without talking about how both renters & homeowners are struggling under our current inequitable property tax system. 2025 must be the year we get it done. The roadmap has been here for years. nypost.com/2025/01/15/opi…

NEW: New Jersey Gov. Phil Murphy has personally appealed to President Trump to kill the new congestion toll Garden State commuters have to pay to enter midtown Manhattan. Via carl campanile nypost.com/2025/01/20/us-…

Tax breaks on gold bars and jets help put a '$3B hole' in NY's pockets, lawmaker says buff.ly/4jsFHrQ

Gov. Hochul’s $252B proposed budget includes the elimination of New York City’s income tax for low-income residents, backing a major policy initiative of Mayor Adams. news.bloombergtax.com/daily-tax-repo…

Chicago to NYC to San Francisco face fiscal havoc after Trump administration pauses federal aid: bloomberg.com/news/articles/… via @citylab

Former NJ Sen. Bob Menendez sentenced to 11 years for corruption buff.ly/4hcLlNu

NYC’s Hydropower, Construction Trade and Avocados Threatened by Tariff War thecity.nyc/2025/02/02/tar… via THE CITY

important reading from Matthew Herper, particularly ahead of today's committee vote on RFK Jr. statnews.com/2025/02/03/vac…

Days before NYC's lien sale, the number of property owners able to get themselves off the list tracks closely with the last sale in 2021, despite major reforms to protect homeowners from it: news.bloombergtax.com/daily-tax-repo… K. Sophie Will

NYC Department of Finance says today it will extend lien sale to June 3 to give property owners more time to get off the list. Our story yesterday found the drop-off rate was similar to 2021, despite reforms to help more homeowners avoid the sale:

It’s inaccurate to say there isn’t appetite to increase the corporate tax rate in Albany - it’s been included in the Senate and Assembly Democrats’ one-house budget two years in a row. NY corporate tax rate is lower than NJ, CT, and Mass. #NY1debate