Tax

For decades New York’s bankers and fund managers have accepted the city’s high tax rates as a part of working in the world’s premier financial capital.

President Joe Biden's plan for the first major tax hike in nearly 30 years is facing stiff opposition from Republicans who say the proposal is carved from the ideology of wealth redistribution and would seriously stunt any post-COVID economic recovery.

'...eliminating the Hyde Amendment is a matter of economic and racial justice'

Most people aren't going to like paying more to fill up their tanks.

Proponents say tax could help fund infrastructure programs, while Wall Street groups contend it would hurt investors.