Angry New Yorker

Friday, May 30, 2003
 
BLOOMBERG'S $HOCK TREATMENT STARTS WEDNESDAY

May 30, 2003 -- The city's sales tax hike will take effect on Wednesday, city officials announced yesterday, ending confusion over the timing of the increase. City officials set the effective date hours after Mayor Bloomberg had said even he was uncertain when the boost would kick in.

The City Council overwhelmingly approved the increase on Wednesday - but touched off confusion because officials were unable to say when the increase should start being charged to shoppers. The hike, coming days after the state boosts its rate on Sunday, will bring the overall sales tax paid in the city to 8.625 percent, up from the current 8.25 percent.


Comments: Post a Comment


This page is powered by Blogger. Isn't yours?