YOU EXPECTED SOMETHING DIFFERENT FROM A CUOMO?
[email_link]
Just more wealth redistribution but not from the rich to the poor but the rich to the government.
Albany – Gov. Andrew M. Cuomo and legislative leaders on Tuesday announced that they had reached an agreement to raise taxes on New York State’s wealthiest residents as part of a deal to overhaul the tax rates.
The leaders, seeking simultaneously to make the state’s income tax system more progressive and to increase tax collections during a down economy, announced their agreement as lawmakers began to arrive at the Capitol for an expected special session of the Legislature later this week.
The tentative agreement would not only raise taxes for the wealthy, but also cut taxes for the middle class, by creating four new tax brackets and tax rates. The officials said the tax rate changes would generate $1.9 billion in annual revenue for the state.
SOURCE: http://www.truth-out.org