Colby Hamilton, Writer, WNYC News
Colby Hamilton is a general assignment reporter. He originally joined WNYC as a political blogger. He's a proud graduate of the CUNY Graduate School of Journalism.
The state comptroller is weighing in on the federal fight over a payroll tax extension for workers. Comptroller Thomas DiNapoli is warning that the failure to come to an agreement that would extend the tax holiday could end up costing New Yorkers $7.1 billion in additional taxes next year.
"Partisanship has a $7.1 billion price tag for residents of this state if an agreement can’t be reached to extend the payroll tax cut and that’s simply not what New York families need right now," DiNapoli said in a statement.
And to his point, the Comptroller's office broke down the increase in taxes on various earners:
Wage Tax Increase
$ 20,000 $400
$ 40,000 $800
$ 60,000 $1,200
$ 80,000 $1,600
WNYC's It's A Free Country and other blogs have been covering the Washington gridlock over this, with lots of great insight into the issue.