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New York to Send ‘Inflation Refund' Checks to Eligible Residents
New York to Send ‘Inflation Refund' Checks to Eligible Residents

Epoch Times

time15-05-2025

  • Business
  • Epoch Times

New York to Send ‘Inflation Refund' Checks to Eligible Residents

New York Gov. Kathy Hochul on Tuesday announced the state's first-ever 'inflation refund,' a one-time payment to eligible residents. Hochul said during a news conference that inflation has driven up costs for New Yorkers, and they should get that money back. The funding, according to the governor, will come from the money the state collected in higher sales taxes because of inflation. 'We collected more in sales tax as a result. Unanticipated revenue. I said, this can go into the state coffers, but why not give it to the residents whose pockets it came out of? They paid more than they ever expected. That's the whole idea behind an inflation refund.' Collectively, the one-time payment will put $2 billion back in the pockets of over eight million New York taxpayers, Hochul said. The amount of the payment would be based on filing status and income. Joint tax filers who earn up to $150,000 will receive a $400 check, while those earning between $150,000 and $300,000 will get $300. Single tax filers with incomes up to $75,000 should expect to receive a $200 inflation refund check, and those earning between $75,000 and $150,000 will get a $150 check. Hochul first proposed her plan of an inflation refund check last December and secured the funding in the fiscal year 2026 state budget agreement. Her initial plan called for higher refunds, specifically $300 for single filers making $150,000 or less, and $500 for joint filers making up to $300,000. Related Stories 5/5/2025 4/30/2025 According to data from the In announcing the inflation refund plan, the governor signed a large check while announcing the inflation refund. 'We got it done, everybody. We got it done,' she told supporters. Residents who qualify for the one-time payment don't need to fill out an application or take any type of action, according to a As part of the state budget, Hochul is also giving 1.6 million New York families an annual tax credit of up to $1,000 per child under age four and up to $500 per child from four through sixteen, marking the largest expansion of New York's child tax credit in its history. The state budget agreement also includes her plan to cut taxes for more than 75 percent of all tax filers in the state. United Way of New York City President and CEO Grace Bonilla said in a According to United Way's 2023 True Cost of Living New York's inflation refund checks are similar to California's Middle Class Tax Refund program. That one-time payment was issued to eligible recipients between October 2022 and January 2023, to provide relief to residents in the state. California's refund came in the form of a debit card that required activation. From

Giants LB Kayvon Thibodeaux discusses his community support, rookie teammate Abdul Carter
Giants LB Kayvon Thibodeaux discusses his community support, rookie teammate Abdul Carter

USA Today

time09-05-2025

  • Sport
  • USA Today

Giants LB Kayvon Thibodeaux discusses his community support, rookie teammate Abdul Carter

Giants LB Kayvon Thibodeaux discusses his community support, rookie teammate Abdul Carter This Week, United Way of New York City (UWNYC), the New York Giants, and the New York Jets celebrated 32 years of partnership at the annual Gridiron Gala. Touchdown Wire's Ed Easton Jr. was on hand as players and honorees walked the red carpet. One of this year's 'Hometown Heroes' honorees is Giants linebacker Kayvon Thibodeaux. He spoke about his dedication to helping the community through the JREAM (Journey to Readiness in Enrichment and Academic Mentorship) Foundation. "It's been amazing. I think, you know, a lot of people have poured into us. We've made a lot of connections, and there have been a lot of, you know, big companies that have really poured into these underserved communities, you know, through the JREAM Foundation." said Thibodeaux, "So we're there to support that initiative, give kids opportunities, and support them the way they need. It has been amazing. I think, you know, the sky's the limit. I think this is, you know, one stepping stone in my career. I think, you know, there's still a long way to go, but I'm excited." Since becoming the fifth overall pick in the 2022 NFL Draft, Thibodeaux has started all 43 regular-season games and two postseason games in which he's played. He is the first Giants defender with 21+ sacks in his first three career seasons since Jason Pierre-Paul had 27.5 sacks from 2010-12. Thibodeaux shared a quick thought on adding another first-round pick to the team. "Having another first-round guy," said Thibodeaux regarding 2025 third overall pick Abdul Carter, "I think it's amazing."

Jets QB Tyrod Taylor on his foundation, role alongside new teammate Justin Fields
Jets QB Tyrod Taylor on his foundation, role alongside new teammate Justin Fields

USA Today

time08-05-2025

  • Entertainment
  • USA Today

Jets QB Tyrod Taylor on his foundation, role alongside new teammate Justin Fields

Jets QB Tyrod Taylor on his foundation, role alongside new teammate Justin Fields This Week, United Way of New York City (UWNYC), the New York Giants, and the New York Jets celebrated 32 years of partnership at the annual Gridiron Gala. Touchdown Wire's Ed Easton Jr. was on hand as players and honorees walked the red carpet. Jets quarterback Tyrod Taylor is one of this year's 'Hometown Heroes' honorees. He spoke about his dedication to giving back through the Tyrod Taylor Foundation, which aims to support positive advancements in the lives of youth in underserved communities through charitable giving and education. "Awesome to be honest, whether this was year one or year 15, as it is now, this speaks more to just a community that's born into me because I'm really just paying it forward," said Taylor, "I'm truly honored to be here such a great crowd and so many great leaders in this room, not only my own community, but here as well too." Taylor, who signed with the Jets in 2024, was awarded the Kyle Clifton Good Guy award last season, as voted on by the team. He has played with six other teams, including the Baltimore Ravens, Buffalo Bills, Cleveland Browns, Los Angeles Chargers, Houston Texans, and the New York Giants. He won Super Bowl XLVII with Baltimore and earned a Pro Bowl selection in 2015, and hopes to continue to share his experiences in the quarterback room. "I know Justin very well, (we) trained together in the off-season down in Atlanta. We've been good friends throughout this time," said Taylor, "So I'm here to support and help the team win in any form or fashion, whether it's me on the field or whether it's me being able to share some vital experience to coach guys through, whether it's in the quarterback room or any other position, any knowledge or experience that I could offer to the younger guys that helps the team win at the end of the day, is what I'm here to do."

United Way of NYC's free book initiative in Bronx boosts literacy
United Way of NYC's free book initiative in Bronx boosts literacy

Yahoo

time12-03-2025

  • Business
  • Yahoo

United Way of NYC's free book initiative in Bronx boosts literacy

THE BRONX, N.Y. (PIX11) — A Bronx small business owner is helping families with children under five years old get free books. It's all thanks to the United Way of New York City giving hundreds of thousands of books across our area. More Local News At the United Way of NYC 19th Annual Power of Women to Make a Difference luncheon, Lillian Guzman is one of those powerful women making it happen in her Bronx neighborhood. Lillian Cortes-Guzman is a mother of four she made sure books were a big part of her children's lives. One of her proudest achievements is her 21-year-old daughter Nia Pack. Cortes-Guzman is the owner of Happy Tots, a beloved and respected daycare on 145th Street in Mott Haven for more than 20 years and a trusted partner in the United Way of NYC's Books from Birth program. It's a free book delivery program that has helped give more than 400,000 books since 2019. Grace Bonilla is the president and CEO of the United Way of NYC which runs the program. Bonilla hosted the United Way of NYC 19th Annual Power of Women to Make a Difference luncheon, celebrating community champions, women leading the way, and helping to raise money for dozens of programs like the Books from Birth program. Bonilla says the key to a child's success and learning is reading early. In 2023, PIX11's Monica Morales went with Grace Bonilla the president and CEO of the United Way of NYC, to where she was born and raised in Jamaica, Queens. She says it's where she first learned her sense of community and service. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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