Bloomberg is expected to call for a $900 million increase in the citys sales tax on Friday, as the city confronts a loss of revenue due to the economic downturn. New York City already has one of the highest sales taxes in the nation, at 8.375 percent, and retailers are likely to fight the increase.
Source:
http://www.nytimes.com/2009/01/30/nyregion/30bloomberg.html
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