- Kentucky city called socialist for buying gas station, undercutting competitor fuel prices
- Israel hits five mosques, sports complex in overnight Gaza strikes
- Hillary Clinton dogged for refusing reporters’ questions on book tour
- EPA tweet baffles: ‘I’m now a C-List celebrity in Kim Kardashian: Hollywood’ iPhone game
- Australian P.M. Abbott: MH17 evidence tampered with on ‘industrial scale’
- Rep. Luis Gutierrez tells Hispanics to vote and ‘punish those’ who oppose amnesty
- Country singer Tim McGraw not sorry for slapping female fan: ‘Things happen’
- Iraq vet cited for owning 14 therapeutic pet ducks
- White House takes credit for drop in unaccompanied children at border
- International crises be damned, Obama’s fundraising trip must go on
NY’s April tax receipts down $1B from year ago
Question of the Day
ALBANY, N.Y. (AP) - New York state’s tax collections in April were down more than $1 billion compared to the same month a year ago.
The 17 percent reduction was announced Friday in a report from state Comptroller Thomas DiNapoli.
The main cause of the decline was a reduction in personal income tax collected.
A number of states across the country experienced a similar reduction as federal tax uncertainties prompted some taxpayers to cash in investments in 2012. That led to greater than expected revenues last year - and big drops this year.
Another report issued Friday showed that New York state ended its fiscal year at the end of March with $526 million more in its general fund than expected.
TWT Video Picks
U.S. appetite for drugs begets violence migrants are fleeing
- IRS seeks help destroying another 3,200 computer hard drives
- Jewish woman booted from JetBlue flight over fight with Palestinian
- YOUNG: A sinking presidency, deeper after November?
- PRUDEN: A deadly enemy within exacerbating immigration crisis
- Edward Snowden to work with Russia on anti-spy technology
- MERRY: Handicaps in Hillary's way
- U.S. scrambles as violence escalates in Israel-Hamas conflict
- Humanists seek support from Congress on military chaplains
- Rep. Jared Polis' anti-fracking crusade riles Colorado
- Big milestone for Britain's little prince
Obama's biggest White House 'fails'
Celebrities turned politicians
Athletes turned actors
20 gadgets that changed the world
Fighting in Iraq