New York State has long been known for having one of the highest tax burdens in the country. This has led to concerns about the state's competitiveness and the impact on residents, particularly those in higher tax brackets or with significant business interests. In response to these concerns, there have been ongoing efforts to reform the state's tax system, making it more competitive and fair.
Zach Kaplan. Tue, December 9, 2025 at 9:09 AM PST. 1 min read. (NewsNation) — New York Governor Kathy Hochul has signed new legisl... Yahoo NY State Senate Bill 2025-S5175A 2025-S5175A (ACTIVE) - Summary. Authorizes localities to provide for an additional real property tax exemption for senior citizens... The New York State Senate (.gov) Taxes | Governor Kathy Hochul | New York State Press Release. Governor Hochul Announces Expanded Child Tax Credit for New York Families. Jan 26, 2026 | 12:59 PM EST. Governor Ho... Governor Kathy Hochul (.gov) New York passes legislation with greater property tax relief for ... Dec 8, 2025 — hochul tax bill s5175a