New York City 2005-2006 - Fiscal Policy
New York City 2005-2006. Budget Outlook. Based on the Mayor's January 27, 2005 Financial Plan ... Continuation of personal income tax increase for top two brackets (above $150,000 and above $500,000 for joint filers) as set by the 2003 increase (rates of 4.25% and 4.45%). ... will borrow $500M to be repaid with a temporary $2 hotel room tax ... ................
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