Gov. Kathy Hochul Proposes No State Tax on Tips After Major Backlash
New Yorkers may finally see relief from taxes on tips, with Gov. Kathy Hochul saying she’ll propose enacting the policy this year after garnering backlash — and a Post front-page story.
In a statement released Thursday morning, Hochul said she’d seek to eliminate state income taxes on up to $25,000 in tipped earnings — following through on President Trump’s initiative to eliminate federal taxes on tips.
“I’m kicking the new year off with a proposal of no state income tax on tips, continuing my efforts to make New York more affordable for hard working New Yorkers,” Hochul wrote.
Read More at the New York Post
