The billionaire tenants of a luxury apartment tower in New York City are slated to receive major tax breaks on their pricey pads. According to CN...

Local governments across New York State are collecting less in taxes, burning through their cash reserves and running up deficits, according to a repo...

Why should a police officer, a teacher, or a firefighter have to pay nearly the same income tax rate as a billionaire like Mayor Bloomberg? A tax that is basically flat makes no sense in New York City.

As I travel through the neighborhoods of this city, I hear a similar message from New Yorkers: It's harder than ever to live here and raise a family because the cost of everything is going up. I hear these concerns -- and they can't be ignored.

ALBANY, N.Y. — Gov. Andrew Cuomo on Tuesday tried to turn his annual budget address into a kickoff for taming Albany's status quo of politics an...

Governor Cuomo and state legislative leaders announced their agreement over a tax overhaul plan that would increase taxes on wealthy New Yorkers and p...

By Michael Gormley ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo, who promised to "freeze taxes" since his campaign a year ago, is now pushing a p...

For Cuomo, it's a master stroke: he solves his budget problem, reduces middle-class taxes, reconnects with the restive Democratic party base, and forges another bipartisan coalition, in the face of national gridlock and acrimony.

New York isn't North Korea, but it's the closest thing you'll find in the U.S. -- at least according to a new report from a libertarian think tank. ...

Last spring, while the New York legislature stubbornly refused to agree on a budget, Richard Ravitch came up with a plan to rein in the state's out of control deficit. It was a tough sell.

It's Tax Day -- but fewer New Yorkers are forking over money to the government than ever before. An eye-popping 41 percent of the state's filers di...

Governor David Paterson says he will stick to a self imposed cap on state spending when he releases his budget later this month, and promises to even ...

One source said he will also offer a no-new-taxes pledge - while another said it may not be part of the speech. With his potential Democratic primary ...

ALBANY - Gov. Paterson doesn't think it was such a great idea to go after all those Wall Street bonuses. Paterson Thursday took aim at a signature ...