Results tagged “fivecent”

Mayor Bloomberg's proposed 5-cent fee on every plastic bag used by shoppers would help reduce waste and raise an estimated $100 million to help the city's budget crisis, but it will probably never see the light of day now that City Council Speaker Christine Quinn opposes it. Quinn is also blocking a move to reimpose the city sales tax on clothing and shoes under $110, which would raise an estimated $394 million a year, and instead she wants to increase the city's sales tax from 4% to 4.5%.