Higher Ed Matter of Fact: Employee-Paid Taxes Near $2 Billion

News Date: 4/1/2016

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  • Campus and spillover jobs generated by Independent Sector colleges and universities carry a payroll impact of $26.5 billion across New York State.
  • These employees pay $1.5 billion in personal income taxes and contribute $415 million in state and local sales taxes through their spending on goods and services.