Same old tax-and-spend budget

Same old tax-and-spend budget

The executive budget includes a number of policy provisions as well, including Cuomo's plan to address sexual harassment and assault, the Child Victims Act and the creation of a new panel to examine legalizing marijuana.

Gov. Andrew Cuomo on January 16 unveiled the state's 2019 executive budget, which he said realizes "the promise of progressive government".

Cuomo pointed out that NY sends $48 billion more in revenues to the federal government than it receives back.

"Moving forward, we need to pass a state budget that makes NY more affordable by reducing taxes for all New Yorkers not raising them", Tedisco stated.

A report on the state's options is expected to be released tomorrow. "We must also improve the climate for businesses by eliminating burdensome and costly regulations that make it hard for them to grow and create jobs".

But to help pay for the cut, the tax law caps the federal tax deduction for state and local taxes, often referred to as SALT, at $10,000.

NY is one of the last remaining states in the nation that doesn't allow early voting.

As to the news of Cuomo inching closer to unveiling his congestion pricing proposal and what impact it has on his own plan to tackle congestion in the city, de Blasio said he is "beginning to see something" and wants to analyze the plan once it is fully presented.

"Gov. Cuomo's budget plan to relieve the state's looming financial crisis is wholly insufficient", said Errigo.

"For the MTA, now the state collects what's called a Payroll Mobility Tax, which is $1.6 billion", the governor added. His advice is to "get out of the way before it lands" by restructuring the state tax system.

Overall, Cuomo's budget caps state spending increases at under 2 percent over last year's budget.

De Blasio, for his part, told NY1's Errol Louis he agreed with Cuomo's approach to handling President Donald Trump's tax reform plan signed into law before Christmas-an approach that includes suing the Trump administration.

"We should not be closing this budget deficit by way of increasing revenues through taxes and fees". While I recognize the potential impact that federal action could have on NY, we must be careful about modifying or changing the state's tax code without first carefully analyzing and hearing how the state's residents and business owners could be impacted.

"We are always open to discussions", said Republican Senate Leader John Flanagan of Long Island. "I think we should fund the DOH to do a study". At this juncture, that - not the deficit itself and not the new USA tax code - is the biggest challenge facing the Empire State.

It's loaded with good proposals, and others not quite so good.

State Senator Betty Little (R-Queensbury) said the governor's executive budget presentation marks the start of the process, and expects discussions with state agency heads will yield more specifics.

"It's my job to make sure the issues and concerns facing the North Country are heard loud and clear so that our schools, hospitals and economic development programs get the funding they need", Jones said in a statement.

Democratic Assemblyman Charles Baron, of Brooklyn, stood up during the Democratic governor's speech in Albany Tuesday to call for higher taxes on millionaires to support public schools. "Tax the millionaires!" he said.

As for the marijuana task force, Cuomo's budget director, Robert Muhica, told reporters it is not meant to raise revenue but rather to provide policymakers with guidance on how to respond to nearby states that have legalized weed or are considering doing so soon.

"It's never enough", Cuomo retorted.

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