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Cuomo Advised to End N.Y. Clothes Exemption to Help Poor

New York state should end a sales-tax exemption for less-expensive shoes and clothes to cover levy reductions for low- and middle-income residents and property owners, a panel recommended to Governor Andrew Cuomo.

Ending the exemption on clothing and footwear that costs less than $110 would raise $800 million a year, the commission said yesterday in a report to Cuomo. More revenue could be brought in by taxing additional items and some services, the panel said.