NYC's budget battle heats up with Albany
New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin are calling for a new way to tax the rich. CBS News New York's Marcia Kramer reports.
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New York City Mayor Zohran Mamdani and City Council Speaker Julie Menin are calling for a new way to tax the rich. CBS News New York's Marcia Kramer reports.
Under Speaker Julie Menin, the NYC Council has introduced a record 1,200 bills. As chairman of the nonpartisan Patriotic Millionaires, Morris Pearl believes he should pay more taxes. Watch their interviews with CBS News New York's Marcia Kramer.
New York City Mayor Zohran Mamdani is still earning royalties from his past career as a multilingual rapper, according to his tax filings.
A pied-à-terre tax was proposed for owners of second homes worth more than $5 million. New York City Mayor Zohran Mamdani said it will help the affordability crisis.
Mayor Zohran Mamdani says the wealthy and corporations should shoulder the costs of the $7 billion budget gap, while Gov. Kathy Hochul rejects raising taxes. CBS News New York's Aziza Shuler reports.
Mayor Zohran Mamdani is calling for a tax hike on New York City's wealthiest residents and corporations to close a $12 billion budget gap.
"Tax the rich" seems to have replaced "Auld Lang Syne" as the theme song for 2026. But how to New Yorkers feel about the idea of paying more?
Members of the community protested on Tuesday, saying a $160 increase per year is too much.
Waiters and bartenders are included in a proposed list of jobs that could qualify for a federal tax break on tips, as well as some workers who don't traditionally get gratuities.
Under the One Big Beautiful Bill Act, clean energy tax credits are set to expire earlier than originally planned.
CBS News New York's Cindy Hsu and Mary Clavi speak with Liz Pancotti, the Managing Director of Policy and Advocacy at Groundwork Collaborative to discuss what this bill could mean for Americans.
It looks like a tentative deal has been brokered on Capitol Hill to provide a new SALT cap, increasing the state and local tax deduction from $10,000 to $40,000.
The White House says the U.S. and China have agreed to suspend for 90 days most of the tariffs imposed against each other over the last couple months.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
Some Americans may be following false claims on social media and missing out on legitimate deductions.
Beijing fires back at Trump's latest tariffs with a matching 34% tax on all U.S. imports and tightened export controls on rare earth elements.
Tax season can bring added exposure to scams and fraud. A mother and daughter in Little Neck, Queens say it happened to them.
Bankrate Tax Analyst Kemberley Washington joins CBS New York to discuss common tax scams.
IRS data shows that the average refund check so far is about $2,200, or $1,000 less than a year earlier. Here's what experts say.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
There won't be a back-to-school sales tax holiday in New Jersey in 2024 after lawmakers repealed the popular tax break. CBS News New York's Nick Caloway reports.
Project 2025, a blueprint for the next Republican president, proposes major economic changes that could impact millions of Americans.
The NYPD confirmed it closed some of its foreign outposts amid tax trouble.
Millions of Americans filed their taxes during the last two weeks of this year's tax season. Here's how to find out when you'll get your refund.
If you're one of the millions of taxpayers who delay their taxes, it's easy to get an extension to October 15.
Federal agents can no longer make arrests without exceptional circumstances in and around three Manhattan buildings where immigration proceedings occur, a judge ruled.
A New York state lawmaker is trying to nullify a NYC law that requires security gates on storefronts to be mostly transparent.
Fire deaths in New York City are up more than 60% compared to this time last year, data shows.
A search is underway in the Rockaways after a teen swimmer went missing Tuesday.
The NYPD is searching for a prisoner that bolted from police custody in Brooklyn Tuesday afternoon.
Federal agents can no longer make arrests without exceptional circumstances in and around three Manhattan buildings where immigration proceedings occur, a judge ruled.
A New York state lawmaker is trying to nullify a NYC law that requires security gates on storefronts to be mostly transparent.
Fire deaths in New York City are up more than 60% compared to this time last year, data shows.
A search is underway in the Rockaways after a teen swimmer went missing Tuesday.
The NYPD is searching for a prisoner that bolted from police custody in Brooklyn Tuesday afternoon.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
The weekend is set to be the warmest of the year so far with summer-like weather across the Tri-State Area.
Keep an umbrella nearby as there's a chance for showers across the New York and New Jersey area. But the weather will turn to sunshine and warm temperatures for the weekend.
The weather on Wednesday will be a mix of sunshine and clouds with the potential for a shower in New York City. In the evening, rain becomes more widespread.
An unsettled pattern continues through the entire Mother's Day weekend in the New York City area.
A 1.8-magnitude earthquake shook near Gladstone, New Jersey, Tuesday afternoon.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
A jury found Paul Caneiro guilty in February of murdering his brother, sister-in-law, niece and nephew before setting their New Jersey mansion on fire in 2018.
New Jersey wants to help bars and restaurants cash in on the FIFA World Cup by letting them sell more alcohol during the 39-day tournament.
Research conducted by one of New Jersey's largest credit unions found a trip down the Jersey Shore is going to cost 11% more this year on average.
New York City and New Jersey are under a heat advisory and air quality alert as the hazy and humid weather settles in across the Tri-State Area.
The Long Island Rail Road is now back up and running after the MTA and unions reached a tentative deal to end the strike.
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
LIRR commuters are taking shuttle buses and subways into New York City as the largest commuter rail system in North America remains shut down.
Federal agents can no longer make arrests without exceptional circumstances in and around three Manhattan buildings where immigration proceedings occur, a judge ruled.
A New York state lawmaker is trying to nullify a NYC law that requires security gates on storefronts to be mostly transparent.
New York City has extended nearly 100,000 3-K and Pre-K offers for the upcoming school year, New York City Mayor Zohran Mamdani and Gov. Kathy Hochul announced Tuesday.
The Long Island Rail Road is now back up and running after the MTA and unions reached a tentative deal to end the strike.
If history is any indication, the LIRR strike has potential to derail Democratic Gov. Kathy Hochul's bid for reelection.
Thousands of people showed up bright and early for AIDS Walk New York 2026, the largest HIV and AIDS fundraiser in the U.S., in Central Park on Sunday.
A New York doctor who contracted and survived Ebola more than a decade ago says he is worried for healthcare workers who are at the center of treating the latest outbreak.
New York Gov. Kathy Hochul proposed millions to keep the program open, but the reforms would cut reimbursement rates for private duty nurses.
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
American passengers on the MV Hondius cruise ship, which was hit with a deadly outbreak of the hantavirus, are back in the U.S. Three of the at least 10 people confirmed infected in the outbreak have died.
The well-known film critic and journalist Rex Reed has died at 87.
"The Pitt" star Isa Briones is bringing heightened pride and Filipino presence to both stage and screen.
Broadway's "The Book of Mormon" has canceled two weeks of performances following a fire at the Eugene O'Neill Theatre.
Uzo Aduba and Darren Criss announced the 2026 Tony nominees for select categories on "CBS Mornings" on Tuesday.
Rihanna, Sabrina Carpenter, Madonna, and Beyoncé all wore their best looks to celebrate the "Costume Art" theme at the 2026 Met Gala. Here are some of the best moments, photos, and more from the night.
The New York Yankees survived another shaky performance by David Bednar to beat the Toronto Blue Jays 7-6 Monday night at Yankee Stadium.
The Mets became the first National League team to score at least 10 runs in an extra inning since the 1919 Cincinnati Reds.
Tyrone Taylor hit a game-tying three-run homer off All-Star closer David Bednar with two outs in the ninth as the Mets rallied to defeat the Yankees in 10.
Luke Weaver escaped a bases-loaded, no-outs jam against his former team as the Mets beat the Yankees Saturday night to even the Subway Series.
Anunoby has the maximum amount of time to rest before Game 1 of the NBA Eastern Conference finals.
Ahead of the 2026 RBC Brooklyn Half Marathon, some athletes are showing how simply reaching the starting line is a victory.
The Second Avenue Subway project has entered phase two of extending the "Q" line, but Harlem businesses say they're struggling to co-exist with the construction.
City Council members say requirement for transparent roll-down gates is burdensome for small businesses ahead of the July 1 enforcement deadline.
For more than four decades, residents living beside Brooklyn's District 13 Sanitation Garage in Coney Island have been waiting for the facility to move away from their homes.
There's a swim club in Harlem teaching kids a lifesaving skill, and they're turning timid swimmers into competitors.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
CBS News New York's Vanessa Murdock was in Coney Island on Tuesday and takes a closer look at the Parks Department's final preparations.
After eight days off, the Knicks are finally back in action. The Eastern Conference Finals tip off Tuesday night at Madison Square Garden. CBS News New York's Otis Livingston reports.
CBS News New York's Scott Padgett says the heat and humidity will be a recipe for potentially severe weather in the afternoon. The rest of the week will be much cooler, but the rain will stick around.
A New York state lawmaker is trying to nullify a New York City law that requires security gates on storefronts to be mostly transparent.
Officers were bringing a 21-year-old man who had been arrested earlier in the day in Brownsville to the courthouse. When they got out of the van with the prisoner, he broke free and ran off.
