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Wall Street’s Slide Hurts New York; City Loses Nearly $1 Billion in Tax Revenue

Thursday’s report of a sharp decline in income tax revenue for New York City is a nearly $1 billion surprise: Is it an anomaly, or the new normal? [Source]

Publication Date:

Origin: nytimes.com

Category: Budgets and Budgeting

Topics: normal?, anomaly, surprise, billion, nearly, revenue, income, decline, sharp, report, Thursday’s, Revenue, Billion, Nearly, Loses, York;, Hurts, Slide, Street’s

Source: https://www.nytimes.com/2019/02/07/nyregion/nyc-revenue-taxes-budget.html?partner=rss&emc=rss