Wednesday, January 23, 2008

Your Family Owes NYS $473

At least if Governor Spitzer gets his way with the state budget. Among the new taxes are a $172 HMO tax, $100 community college tuition increase, $40 DMV fee, and $11.59 gas tax hike. So much for “no new taxes.”

Here’s a breakdown of the tax increases:

Executive Budget – Cost to Average Family

Tuition
Community College tuition - $50 X 2 kids = $100
(Would raise average CC tuition to $3,276)

DMV
Endorsement Fee for WHTI compliant drivers license –
$20 X 2 adults: $40

Insurance
Increased Motor Vehicle Insurance fee $15: $30

Mortgage Recording Fee
County optional increase (includes NYC): $20
Per page filing fee increase $2 per page: $20

Gas Tax Merger
Tax increase per Family (2009-10): $11.59

Health Costs
Health Maintenance Organization tax
(change from Business Corporation Tax to Insurance Corporation
Franchise Tax): $172

Groceries
Bottle Bill fee per family: $14

Middle Class Star Rebate
No increase for Basic STAR Recipients: $65
________

TOTAL COST PER FAMILY $473.00

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