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The Path Not Taken: How New York State has Increased the Tax Burden on the Middle Class and Cut Taxes for its Highest Income Taxpayers by over $8 Billion a Year

Frank Mauro — Jun 4, 2005

In 1972, New York State had a personal income tax with 14 brackets, ranging from a low of 2% to a high of 15%.  Since that time the state government has significantly restructured the state personal income tax in a variety of ways.  Among the changes that have been made since 1972 has been a move to something that is much closer to a flat tax.  This has been done by eliminating brackets from both the bottom and the top of the old structure.  For example, the lowest rate in …

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