Cuomo Outlines $2B NY Tax Cut Plan

Law360, New York (January 6, 2014, 1:21 PM EST) -- Vowing to pay back New Yorkers some of the surplus money flowing into Albany, Gov. Andrew Cuomo on Monday pitched a $1 billion, two-year property tax freeze for residents and businesses outside New York City, as well as some $1 billion in corporate tax cuts and the phase-out of an energy tax.

The Democratic governor, who is running for re-election in November, took dead aim at the state's property tax — by many measures the highest in the nation — and proposed a two-year freeze followed...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.