TAXES Trouble with the Neighbors
Among the perils of daily commuting to Manhattan from neighboring states is the New York income tax. For 39 years, New Jersey and Connecticut commuters, who now number roughly 172,000, have paid taxes on the salaries they make in New York. The argument is that they ought to, since Manhattan must pay for municipal services for the companies employing them. Result: they pay $26.5 million a year, more than 5% of New York's total income tax revenue. At the same time, their own states, like 15 others, have no...
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