Madmallard
.223 Rem
Gov. Cuomo kept his new budget hush-hush all Tuesday, and one reason is obvious: His call to extend the millionaires tax (again) shows his rank hypocrisy. Again.
“No new taxes. Period,” Cuomo declared in 2011, nixing any extension of the “millionaires tax.”: “You are kidding yourself if you think you can be one of the highest-taxed states in the nation, have a reputation for being anti-business and have a rosy economic future.”
He vowed to stick to his guns, even citing his dad, who as governor resisted pressure to restore the death penalty: Andrew Cuomo wouldn’t break his 2010 campaign promise.
That “everybody wants [the tax] doesn’t mean all that much,” Cuomo said. “I’m not going to go back and forth with the political winds.” Then he did just that.
Now he wants to again extend the levy, first rolled out on a “temporary” two-year basis in 2009 — a fresh betrayal of his vow that makes a mockery of his claim to be a tax-cutter.
When he first reimposed the tax — 8.82 percent, instead of 6.85 percent, on top earners — he called it a net tax cut, because the proposal included $700 million in trims for middle-class taxpayers. But the millionaires tax raised $2.6 billion.
Keeping it now will help ensure New York state still has the nation’s heaviest tax burden — which Cuomo once rightly said wrecks New York’s prospects for a “rosy economic future.”
Too bad this Cuomo can’t stick to his word.
Andrew Cuomo breaks his tax pledge yet again
“No new taxes. Period,” Cuomo declared in 2011, nixing any extension of the “millionaires tax.”: “You are kidding yourself if you think you can be one of the highest-taxed states in the nation, have a reputation for being anti-business and have a rosy economic future.”
He vowed to stick to his guns, even citing his dad, who as governor resisted pressure to restore the death penalty: Andrew Cuomo wouldn’t break his 2010 campaign promise.
That “everybody wants [the tax] doesn’t mean all that much,” Cuomo said. “I’m not going to go back and forth with the political winds.” Then he did just that.
Now he wants to again extend the levy, first rolled out on a “temporary” two-year basis in 2009 — a fresh betrayal of his vow that makes a mockery of his claim to be a tax-cutter.
When he first reimposed the tax — 8.82 percent, instead of 6.85 percent, on top earners — he called it a net tax cut, because the proposal included $700 million in trims for middle-class taxpayers. But the millionaires tax raised $2.6 billion.
Keeping it now will help ensure New York state still has the nation’s heaviest tax burden — which Cuomo once rightly said wrecks New York’s prospects for a “rosy economic future.”
Too bad this Cuomo can’t stick to his word.
Andrew Cuomo breaks his tax pledge yet again
