Paterson calls off some new taxes

NEW YORK Paterson joined Assembly Speaker Sheldon Silver and Senate Majority Leader Malcolm Smith at an Albany news conference to make the announcement late Wednesday morning.

The state leaders say the funding will allow them to eliminate many of the dozens of taxes and fees in Paterson's mid-December budget proposal. The taxes and fees were supposed to raise more than $1 billion to help close a deficit.

NEW YORK AND TRI-STATE AREA NEWS

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