ALBANY, N.Y. –Temporary President and Majority Leader of the New York State Senate Dean Skelos (R-Nassau) and members of the Senate Republican Conference unveiled the Family Tax Relief Act, which they hope will be a major economic boost to New York's struggling middle class.
The plan would basically increase tax breaks to keep up with inflation.
Some of the breaks haven't been adjusted in over 25 years, and that, skelos says, keeps middle class families at a constant disadvantage.
Some examples under the Family Tax Relief Act -- the Dependent Exemption would be increased from $1,000 to a little over $2,000 per dependent. The exemption was last updated in 1987.
It would restore the state's Star Rebate Check Program, which provides direct relief to seniors, as well as middle class families paying high property taxes.
Skelos says the plan is a way for families to make ends meet with the ends constantly being moved.
The Senate Republican Family Tax Relief Act includes the following:
Increase Dependent Exemption
Increase Dependent Care Credit
Increase Child Tax Credit
Restore STAR Property Tax Rebate Checks