State’s tax cut ‘better than nothing,’ but it won’t go far

The Buffalo News

Don’t expect to pay for a nice vacation with the tax cut you’ll be getting with the new state budget. Unless, of course, you’re not going any farther than a single tank of gas will take you, and you aren’t planning to stop anywhere or eat anything. That’s because the first year of the tax cut will amount to less than $1 a week for a single filer at the low end of the middle-class tax scale. For someone at the top, we’re talking about $5 a week. In other words, the tax cut amounts to pocket change for most middle-class New Yorkers, not a windfall.