Tax growth is continuing for the third straight year in 45 states including New York, but is not growing at the same rate during previous economic recoveries, according to a report released today by the National Conference of State Legislatures.

New York’s tax growth, which for the purposes of the report included personal income, sales and corporate taxes, is expected to be 3.2 percent over the previous fiscal year.

The growth puts New York on par with neighboring state Pennsylvania, which has an expected tax growth of 3.4 percent.

New York this coming fiscal year faces a budget deficit of nearly $1 billion and Budget Director Bob Megna reiterated at a Rockefeller Institute panel discussion that Gov. Andrew Cuomo’s desire to keep a state spending increase at 2 percent or less.

Projected Tax Growth 2013

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