New York Is Broke but Cuomo Says, “Solidarity with the Millionaires”

New York State is Broke, but Governor Cuomo Joins GOP Push to Spare Wealthy
by Juan Gonzalez
New York Daily News
February 23, 2011

As many New Yorkers struggle to make ends meet and state and
city budget deficits skyrocket, our rookie governor has a
new, astonishing trick for his recovery plan – tax cuts for
the wealthy.

That’s right, Gov. Cuomo, the Democrat, wants to join all
those Republicans in Albany and slash an income tax
surcharge for every New Yorker making more than $200,000 a
year – a mere 5% of the population.

We’re not talking about a gross income of $200,000. This cut
would be on taxable income above $200,000 – after the filer
has taken advantage of every deduction and loophole IRS
regulations allow.

Read more.



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