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It was Mr. Vallone who endorsed Mayor David N. Dinkins's surcharge proposal in 1990.
If Mr. Miller's surcharge proposal had been in effect this year, his city tax bill would have risen by $1,300 to $1,500.
O'Dell said the surcharge proposal came in response to a proposal already before the City Council to increase the fees by 4% to make up for inflation.
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Under the proposal, the surcharge would provide $125.6 million of the money spent on higher fuel costs while the power authority would absorb the remaining $170.4 million by altering its debt-payment schedule on the never-opened Shoreham nuclear power plant.
Under Mr. Giuliani's proposal, the 14percentt surcharge would be eliminated for all city taxpayers.
"The victim surcharge, one of the key proposals in the bill, provide additional funding to help support the immediate needs of victims of crime".
Under yesterday's proposal, the income tax surcharge would be reduced by half, to 7percentt.
Our own early assessment is that two banks' HQs could leave the UK over the proposal of an equity surcharge of 3% above the Basel III requirements.
ALBANY — The Assembly speaker, Sheldon Silver, said on Tuesday that Democrats in the chamber would seek passage of a budget bill that includes the renewal of a temporary income tax surcharge on high-earning New Yorkers, a proposal staunchly opposed by Gov. Andrew M. Cuomo.
First, this proposal is for a surcharge that is not of the ad valorem variety, specified as a percentage, but rather a fixed monetary amount.
But he added that, if necessary, he would consider reinstating an income-tax surcharge to pay for his education proposals.
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