He also called for the Empire State to lead efforts to «repeal and replace» the legislation and said the state was in the preliminary stages of restructuring the current tax code, researching a shift from an income tax system to statewide payroll tax system. (suncommunitynews.com)
The governor also said he may restructure the state's tax plan to rely less on the income tax by introducing a new statewide payroll tax. (ny1.com)
The Department of Taxation and Finance released a report providing an exhaustive menu of options for a potential statewide payroll tax in New York, but it may be a month before Gov. Andrew Cuomo's administration can settle on a preferred plan. (nystateofpolitics.com)