Some Employees just get a few hundred or thousand a year in salary along with with their pensions – clearly just working for a few hours or days per year – but some get hundreds of thousands both for pension and for salary.
This plan sounds BS to me. SOMEONE’S going to have to come up with the tax revenue, so where’s it going to come from?…the non-tax-free zones? This sounds very political and problems are just being shifted from one person to another, but problems are not being solved. how is it possibly ‘tax free new york” when only one tiny iota of NY will be tax free?
Good analysis of Tax Free NY – http://www.nydailynews.com/opinion/minor-attack-n-y-s-taxes-article-1.1354211?localLinksEnabled=false