Sentences with phrase «voluntary payroll tax»

Back from the dead, apparently, is the creation of a voluntary payroll tax, meant to act as a work - around for the federal cap on state and local tax deductions — a major priority for Cuomo.

Cuomo has also proposed a voluntary payroll tax for businesses that could also act as a way to alleviate the impact of the cap on deductions, which is seen as impacting high - tax states like New York.

The centerpiece of the Democrat's proposal is a voluntary payroll tax that companies could adopt in lieu...

The Assembly also expects to include Cuomo's proposal to create a voluntary payroll tax and charitable entities in his plan to mitigate the effect of a new federal tax on some high salaried New Yorkers who also pay high property taxes.

The plans include a voluntary payroll tax that employers and their workers could substitute for the state income tax.

Not exact matches

M. Cuomo's proposal for a voluntary state payroll tax and the creation of charitable entities aimed at preserving the deductibility of state and local taxes on federal income tax returns.

The payroll tax, like the charitable program idea, would be voluntary under the Cuomo plan.