At its meeting this week, the Cayuga County Legislature decided against adopting a gasoline sales tax cap.
Town Supervisors concerned about lost tax revenue under gas tax cap
A number of counties in the Finger Lakes have adopted such a cap, but District 6 Legislator Aileen McNabb-Coleman says a number of town supervisors attending the meeting expressed concern about the tax revenue a cap would cost their towns. Concerns have also been expressed on whether gasoline retailers are actually passing tax savings on to consumers.
Instead, lawmakers voted to eliminate the sales tax on home heating fuel. McNabb-Coleman says the resolution approving the cut was short on details.
The item on the legislature’s agenda read only “County of Cayuga, exempting residential energy sources and services from sales and compensating use taxes pursuant to the authority of Article 29 of the Tax Law of the State of New York.” Minutes of the meeting have not yet been posted.
Listen to my full Inside the FLX conversation with Aileen McNabb-Coleman below.