US EditionHere's When To Expect NY's 'Inflation Refund' Checks
- Governor Kathy Hochul is sending $2 billion in inflation refund checks to 8.2 million New Yorkers this fall to offset the high cost of living.
- The refunds respond to higher sales tax revenue collected due to increased prices and inflation experienced by New Yorkers from 2021 to 2025.
- Eligible recipients include taxpayers who filed a 2023 New York State income tax return, with checks ranging from $150 to $400 based on income and filing status.
- Laura Schultz, state Chief of Economics, announced that $2 billion will be returned to 8.2 million residents of New York in the form of inflation refund payments, which will be phased in through two separate distributions.
- This refund is part of a broader $4 billion affordability plan that includes expanded child tax credits and free school meals, aiming to ease financial pressure on New York families.
23 Articles
23 Articles
N.Y. Dems Pan Gov. Hochul’s Inflation Refund Checks
New York Gov. Kathy Hochul’s decision to spend $2 billion of her recently enacted budget on one-time inflation refund checks is facing pushback from within her own party, with some Albany Democrats calling the plan a political stunt ahead of next year’s governor’s race. “New Yorkers know a gimmick when they see one,” state Sen. James Skoufis, a Hudson Valley Democrat, said, according to The New York Times. The checks, which will go out to approx…
Syracuse NY
New York UpstateNY inflation refund checks ‘a gimmick,’ some Democrats say
Some Democrats are decrying Gov. Kathy Hochul’s “inflation refund” checks as “a gimmick.”
NY Residents To Receive Inflation Refund Checks This Fall
Governor Kathy Hochul announces distribution of inflation refund checks New York residents are expected to receive inflation refund checks in the mail this fall. Governor Kathy Hochul first proposed the inflation refund checks last December and secured the funding in the state budget. She said the funding will come from the money the state collected in higher sales taxes because of inflation. Eligible residents do not need to take any action as …
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