Sunday, August 2, 2009

More Taxes in new York City

THE SALES TAX in New York City went up a half point on Saturday, making that morning coffee just a little bit dearer. New Yorkers, who were already paying more than 8% in city sales tax, will be annoyed. But another, less noticed tax increase has some people even more upset. Last month, New York's mayor, Michael Bloomberg, signed a law that will extend the city's hotel occupancy tax to all fees charged by hotel room resellers like travel agents and online travel sites.

Read more:
http://www.economist.com/blogs/gulliver/2009/08/more_taxes_in_new_york_city.cfm

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