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New taxes and fees in Governor Cuomo's proposed budget

January 19, 2017 07:05 PM

ALBANY -- Governor Andrew Cuomo's proposed $152 billion budget includes some new taxes and fees in addition to new programs and proposals.  

Governor Cuomo wants to extend the nine percent income tax on higher earners for three years. It's the so-called Millionaires tax.

It could cost more to shop online. The governor wants to require more people selling stuff on the internet to collect sales tax when the buyer is located in New York.

The proposed budget includes a cap on STAR property tax breaks, leaving them at their current level rather than allowing them to grow at two percent.  

New automobile titles would go from $50 to $75. Duplicates would jump from $20 to $40.

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Taxes are proposed to go up from 38 cents to 45 per cigar.

The governor wants vaping liquid to be taxed at 10 cents per milliliter.

Prepaid cell phone users might have to pay the same tax as those of us will cell phone plans.  Currently, that's $1.20 a month for plans over $30.

More movie theaters could qualify to sell alcohol.  The governor would call it a Motion Picture Theater Alcohol Permit.  Right now, only theaters with kitchens can apply.  

Of course, all of these are part of the governor's proposed budget.  They won't go into effect unless lawmakers give the okay.

Credits

Asa Stackel

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