In 2008, the first year the measure took effect, 3.5 percent of a countywide half -
cent sales tax went for senior and paratransit services.
Not exact matches
To raise revenues, Cuomo proposed requiring extending
sales tax collections on online
sales, imposing a surcharge on certain health insurers who received a windfall from federal
tax cuts, tapping hundreds of millions of dollars in proceeds from lawsuit settlements and raising
taxes «e-cigarettes» and
taxing opioids (2
cents per milligram prescribed to
go to anti-addiction programs).
While city school officials initially had indicated that they would
go ahead with the quarter -
cent sales -
tax hike, which was expected to generate $ 21 million in its first year, they have put the plan on hold indefinitely, a district official said.
After moving dramatically to abolish property
taxes as a source of funding for the schools, lawmakers last year decided to give voters a choice for replacing the lost revenues: either a two -
cent sales -
tax increase, to be considered in a March 15 referendum, or an income -
tax hike, which will
go into effect automatically if the
sales -
tax rise is rejected.