DATA TABLES: We have updated the fiscal history section of our website with new data on New Yorkers’ income and personal income tax liability. The new data, the latest available, covers tax years 2017 and 2018.
IBO has looked at assessment appeals brought to the Tax Commission over the years 2013-2017 and summarized the results by number of appeals, property tax reductions, property types, and the borough where the properties are located.
New York City collects a mix of taxes that looks much more like those of a state than the typical U.S. city. Today the city relies on personal income taxes, business income taxes, taxes related to real estate transactions.