Since day one of our administration, our mission has been to make New York City a safer, more affordable city that is the best place to raise a family. Last week, our team and I visited Albany to advocate for funding and legislation so that we can continue to fulfill that mission and keep delivering for working-class New Yorkers.
We focused on four key areas. First, passing our “Axe the Tax for the Working Class” legislation to make life more affordable for working-class New Yorkers. This plan eliminates or cuts city personal income taxes for low-income New Yorkers at a moment when our state faces a historic affordability crisis. We anticipate that “Axe the Tax” will generate an average benefit of $350, putting a total of more than $63 million back into the pockets of low-income families — helping more than 582,000 New Yorkers. Making New York City more affordable for working-class families strengthens our city and benefits us all.
