Assemblywoman Nicole Malliotakis questions Department of Taxation and Finance Commissioner Thomas H. Mattox.
Citing a 5.2 percent sales-tax increase in the state of New York, Assemblywoman Nicole Malliotakis (R,C,I-Brooklyn, Staten Island) today once again urged Tax Commissioner Thomas Mattox to reconsider a proposal for the state to reimburse the sales tax on new vehicles purchased to replace those destroyed during Hurricane Sandy.
The victims of Hurricane Sandy have been left in personal and financial ruin, and many in my district are continuing to feel the impact more than one year later, said Malliotakis. We must continue to do all we can to ease the long rebuilding process. By eliminating registration fees and providing a rebate of up to $1,000 worth of state sales tax for those whose cars were destroyed by the storm, we are extending a helping hand to those who need it most. Many of these consumers had not planned on making this major purchase, and the move would have little fiscal impact, as this revenue could not have been anticipated prior to the storm. Helping our neighbors rebuild is the right thing to do, and this measure will ease the crushing burden that so many of our families are feeling.
It was recently reported that sales-tax revenue in New York increased 5.2 percent in 2013 compared to 2012. Much of this can be attributed to purchases downstate after Superstorm Sandy hit in late 2012.
During a budget hearing this morning, Malliotakis again urged the commissioner and the governor to reconsider reimbursing sales tax already paid for up to $1,000 on vehicles purchased by those whose automobiles were destroyed by Hurricane Sandy. Last year, the assemblywoman joined a bipartisan group of legislators in calling for this to be part of the state budget.
The sales tax is a windfall for the state, and we shouldnt be making money off of this tragedy. I was tremendously disappointed to hear the commissioner say that the state has not considered our plan and that he would not support such a plan, concluded Malliotakis.
Video of Assemblywoman Malliotakis discussing this and other issues with Commissioner Mattox can be seen at http://www.youtube.com/watch?v=IXBBnpkzqGU.