{"id":36433,"date":"2025-04-03T19:01:06","date_gmt":"2025-04-03T19:01:06","guid":{"rendered":"https:\/\/www.vosa.tv\/eng\/?p=36433"},"modified":"2025-04-03T19:01:06","modified_gmt":"2025-04-03T19:01:06","slug":"mayor-adams-leads-rally-thanking-state-partners-for-supporting-axe-the-tax-for-the-working-class-bold-proposal-to-eliminate-and-cut-city-taxes-for-over-582000-new-yorkers-and-dependents","status":"publish","type":"post","link":"https:\/\/www.vosa.tv\/eng\/archives\/36433","title":{"rendered":"Mayor Adams leads rally thanking state partners for supporting “axe the tax for the working class,” bold proposal to eliminate and cut city taxes for over 582,000 New Yorkers and dependents"},"content":{"rendered":"

NEWYORK: New York City Mayor Eric Adams led a rally at City Hall celebrating the inclusion of his \u201cAxe the tax for the working class\u201dproposal in the Fiscal Year 2026 New York state budget and thanking state partners, labor unions, and nonprofit advocates for their support.<\/strong><\/p>\n

The ambitious proposal will bring significant tax relief to working-class families by eliminating and cutting city personal income taxes for more than 582,000 filers and their dependents.<\/p>\n

First announced in December 2024 with the support of New York State Senator Leroy Comrie and New York State Assemblymember Rodneyse Bichotte Hermelyn, the plan would return over $63 million to New Yorkers by eliminating the New York City Personal Income Tax for filers with dependents living at or below 150 percent of the federal poverty line, as well as lowering city personal income taxes for filers with dependents immediately above that threshold too. If enacted, Axe the Tax for the Working Class could bring relief to working-class families as soon as tax year 2025 and help strengthen the Adams administration\u2019s efforts to make New York City the best place to raise a family.<\/p>\n

\u201cIf there is one thing New Yorkers can agree on, it\u2019s that the cost of living in this city is too damn high, especially for working-class New Yorkers. Rent, food, gas, child care, cable \u2014 it adds up, and it\u2019s too much. Extreme costs are driving too many families \u2014 especially working-class families \u2014 out of cities like New York, which is why our administration is working to help New Yorkers save money every day,\u201d said\u00a0Mayor Adams.<\/p>\n

\u201cOur \u2018Axe the Tax\u2019 plan will take that work to the next level and give tens of millions of dollars back to the families who need it most. Thank you to the coalition of leaders and advocates who have supported this proposal and fought to give working-class New Yorkers the relief they deserve.\u201d<\/p>\n

Axe the Tax for the Working Class would eliminate New York City Personal Income Taxes for filers with dependents \u2014 largely families with children \u2014 living at or below 150 percent of the federal poverty line. Additionally, the proposal would gradually phase out the New York City Personal Income Tax for filers whose income is immediately above \u2014 within $5,000 \u2014 of 150 percent of the federal poverty line.<\/p>\n

By eliminating the New York City Personal Income Tax for working-class families, the proposal would return nearly $46 million to over 429,000 New Yorkers, including both tax filers and their dependents.<\/p>\n

Additionally, by lowering taxes for people immediately above 150 percent of the federal poverty line, the proposal would return another $17 million to over 152,500 New Yorkers and their dependents, putting more than a collective $63 million back into the pockets of working-class New Yorkers. The proposal alone will deliver an average benefit of approximately $350 per household.<\/p>\n

Axe the Tax for the Working Class builds on the Adams administrations\u2019 continued efforts to help put money back into the pockets of working-class New Yorkers. In 2022, Mayor Adams successfully pushed Albany to expand the New York City Earned Income Tax Credit (NYC EITC) for the first time in nearly two decades, delivering more than $345 million in tax relief to New Yorkers over the 2023 tax season, at an average of approximately $450 per household.<\/p>\n

When combined, both Axe the Tax for the Working Class and the new, enhanced NYC EITC would put more than a collective $408 million back into the pockets of 2 million New Yorkers \u2014 providing an average benefit of approximately $800 per household \u2014 and effectively eliminating New York City income taxes for a family of four making less than $46,350.<\/p>\n

\u201cWith the state budget process edging closer to completion, Mayor Adams\u2019 Axe the Tax for the Working Class initiative will provide much-needed relief to thousands of hardworking New Yorkers, ensuring they can keep more of their earnings to support their families,” said\u00a0New York Senator Leroy Comrie.<\/p>\n

“This effort will not be possible without the dedication of our state partners, organized labor, and nonprofit advocates who are fighting tirelessly to make this vision a reality. By eliminating and reducing the city\u2019s personal income tax for those most in need, we are taking a critical step toward making New York City more affordable and livable. I am proud to have championed this initiative being included in the budget alongside my colleague Assemblywoman Rodneyse Bichotte-Hermelyn, and I look forward to seeing the positive impact it will have on our communities.\u201d<\/p>\n

\u201cI appreciate the efforts of Mayor Adams and my colleagues in government for working to provide tax relief for the middle class. This kind of Personal Income Tax relief is not just a financial necessity, but also demonstrates a commitment to the hardworking families who are the backbone of our economy,\u201d said\u00a0New York State Senator Joseph P. Addabbo Jr.\u00a0<\/strong><\/p>\n

\u201cI believe the effects of Axe the Tax would have a positive direct impact in helping individuals struggling to pay for health care, groceries, rent, rising insurance premiums, property taxes and costs associated with everyday life. I remain hopeful we can implement this tax relief properly for the benefit of our residents.\u201d<\/p>\n

\u201cBy eliminating and reducing the city personal income tax for over half a million New Yorkers, we are providing real relief to those who are working hard to make ends meet,\u201d said\u00a0New York\u00a0State Assemblymember Rodneyse Bichotte Hermelyn.<\/p>\n

\u201cThe inclusion of Mayor Adams\u2019 Axe the Tax for the Working Class proposal in our state FY26 budget is a major victory for all New Yorkers and a critical step toward easing the financial burden on families who need it most. I\u2019m committed to making New York City more affordable, and that\u2019s why I first co-sponsored this legislation to \u2018Axe the Tax for the Working Class\u2019 with Senator Leroy Comrie. I thank Mayor Adams, my legislative colleagues, and our partners in organized labor for standing together to prioritize ensuring New York City remains a welcoming home where every family can thrive.\u201d<\/p>\n

\u201cWe are laser-focused on uplifting all New Yorkers in economic distress. Axe the Tax will eliminate city income taxes for over 400,000 New Yorkers and slash them for another 150,000. Combined with the EITC I helped expand in Albany, we will put almost half a billion dollars back in the pockets of two million New Yorkers,\u201d said\u00a0New York State Assemblymember Jenifer Rajkumar.<\/p>\n

\u201cAt a time when one in four New Yorkers is in poverty, and we are all feeling the squeeze of inflation, this tax relief will serve as a vital lifeline for families to put food on the table and have a roof over their heads. Together, we are committed to forging a path to economic security for all New Yorkers, allowing everyone to grow and thrive.\u201d<\/p>\n

\u201cThe passage of Axe the Tax for the Working Class would provide significant tax relief, putting money back into the pockets of hardworking New Yorkers,\u201d said\u00a0New York State Assemblymember Nikki Lucas.<\/p>\n

\u201cAs the assemblywoman for the 60th District, I can say that this would benefit many of my constituents, allowing families to better meet their basic needs and create more opportunities to save for their future.\u201d<\/p>\n

\u201cNew Yorkers work hard every day to support their families, yet too many are still struggling under the weight of high living costs. Mayor Adams\u2019 Axe the Tax proposal is a bold and necessary step to put real money back into the pockets of working-class families. By eliminating or reducing the city\u2019s personal income tax for hundreds of thousands of New Yorkers, this plan will ease financial burdens and help families afford essentials like housing, child care, and groceries,\u201d said\u00a0New York State Assemblymember Alicia Hyndman.<\/p>\n

\u201cAs we continue fighting for economic fairness, I look forward to working with my colleagues in Albany to pass this critical relief and ensure our families can thrive in the city they call home.\u201d<\/p>\n

\u201cHardworking New Yorkers, including the hospitality workers we represent, deserve a city that prioritizes their financial well-being. While our members are able to band together to fight for living wages and quality benefits, tens of thousands of workers earning minimum wage continue to struggle to keep a roof over their heads and food on the table. \u2018Axe the Tax for the Working Class\u2019 is a meaningful step towards providing much needed-relief for working families, helping them keep more of their hard earned wages,\u201d said\u00a0Rich Maroko, president, Hotel and Gaming Trades Council.<\/p>\n

\u201cThe Hotel & Gaming Trades Council is proud to stand with Mayor Adams and our partners in Albany as we work to make New York City a more affordable place to live and work, and we look forward to getting this across the finish line.\u201d<\/p>\n

\u201cThe New Yorkers who power our city\u2019s economy are facing an affordability crisis, and that\u2019s why my union supports the \u2018Axe the Tax for the Working Class\u2019 proposal,\u201d said\u00a0Stuart Appelbaum, president, Retail, Wholesale and Department Store Union (RWDSU).<\/p>\n

\u201cThis common-sense solution will put money back into the pockets of RWDSU members and working-class families who need a boost in these tough economic times. We urge lawmakers to listen to working people and Axe the Tax in this year\u2019s New York state budget.\u201d<\/p>\n

\u201cAs the leader of the largest provider of shelter for families with children in the nation, I see the affordability crisis play out every single day. New York City has been a place where families could get ahead and achieve the American dream. We cannot turn our backs on that legacy,\u201d said\u00a0Christine C. Quinn, president and CEO, Win Inc.<\/p>\n

\u201cAxe the Tax for the Working Class is a serious, substantive policy that will give hundreds of dollars back to those who need it most and help deliver the long-overdue relief that New Yorkers require. WIN is grateful to the Adams administration, and our state partners for their leadership, and together, let\u2019s Axe the Tax for the Working Class.\u201d<\/p>\n

\u201cAt a time when the pocketbooks of low-income New Yorkers are already strained, the Axe the Tax brings welcome relief to families\u201d, said\u00a0David R. Jones, president and CEO, Community Service Society of New York.<\/p>\n

\u201cWhen this effort is combined with other holistic investments in housing, 3-K and Pre-K, expanded Fair Fares, and improved access to benefits, we would be making the city a welcome and affordable place for all New Yorkers.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

NEWYORK: New York City Mayor Eric Adams led a rally at City Hall celebrating the inclusion of his \u201cAxe the tax for the working class\u201dproposal in the Fiscal Year 2026 New York state budget and thanking state partners, labor unions, and nonprofit advocates for their support. The ambitious proposal will bring significant tax relief to […]<\/p>\n","protected":false},"author":5,"featured_media":36434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1469,31,1378],"tags":[],"class_list":["post-36433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-new-york","category-news","category-us"],"_links":{"self":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/36433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/comments?post=36433"}],"version-history":[{"count":2,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/36433\/revisions"}],"predecessor-version":[{"id":36437,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/posts\/36433\/revisions\/36437"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media\/36434"}],"wp:attachment":[{"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/media?parent=36433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/categories?post=36433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vosa.tv\/eng\/wp-json\/wp\/v2\/tags?post=36433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}