NEW YORK — Retailers gave the thumbs-down to New York Gov. George E. Pataki’s proposal to reinstate the sales tax on apparel and footwear under $110.
As part of a budget proposal full of what he called "tough choices," Pataki said Wednesday he would ask the legislature to reinstate the state’s 4 percent sales tax on apparel and footwear costing less than $110. That tax was dropped in March 2000, toward the end of the U.S.’s economic boom. An official in the state budget office, who spoke on condition of anonymity, said the government expects the reinstated taxes to bring in an additional $363 million in revenue for the fiscal 2003 and 2004 budget years. The state’s fiscal year begins in July.
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