New York

Giants like DraftKings and FanDuel are asking legislators to change the rules to lower their taxes after agreeing to them just last year.

The state had an average annual net out-migration of 28,700 part-year residents, or 0.3% of taxpayers, between 2015 and 2019.

Mayor Eric Adams blamed his widely reported refusal to do so on the “arrogance” of a reporter who asked the question earlier this month.

The Empire State wasn’t the only one to come out ahead, with all 50 states receiving more from the federal government than their residents paid in taxes in fiscal year 2020.

For condos alone, faulty methods shift nearly $300 million in annual property taxes from the top 10%, by value, to the remaining 90%.

More than 100,000 people who used to work or live in the state have received notices asking why they paid less to the state than they have in years past.

The Empire State collected $1.6 billion in revenue in July, up $276 million from a year earlier, signaling a strong rebound.

Fueled remote work and worries over tax hikes, financial advisors who live in expensive cities are trimming their personal tax bills by moving to low-tax and no-tax states.

New York lawmakers could take on a politically weakened governor to push their own budget agenda, including a more progressive tax policy targeting the ultra-wealthy.

Thomas Sandell and Sandell Asset Management are paying $105 million to New York, the biggest fine of its kind in the state.