Minority elected officials, unions present united front on millionaires’ tax extension | The Empire.
A united front of minority politicians and their labor allies held a press conference today to call on Governor Andrew Cuomo to keep the “millionaires’ tax” on higher-income earners in place at the end of this year.
“New Yorkers deserve a budget plan of shared sacrifice,” said Assemblyman Karim Camara, who chairs the bicameral Black, Puerto Rican, Hispanic and Asian Legislative Caucus . He said the current tax rate would generate $5 billion in revenues that could be used to offset cuts that disproportionally affect the working class and minority communities.
The Governor has said he wants the taxes to expire at the end of the year. Until recently any discussion of tax increases appeared off the table. But that was before the Occupy Wall Street protest.
Support for keeping taxes on higher-income earners wasn’t just among the protesters on Wall Street, said Councilman Robert Jackson, or among the 72 percent of voters who favor the tax. The co-chair of the city council’s minority caucus said the Governor need only visit his district in Harlem.
“If you don’t believe us, walk through our community and ask the people. They will tell you what is necessary,” he said.
The show of solidarity from African American, Latino and Asian elected officials opened up a new front against the Governor’s support for nixing taxes for the state’s most wealthy—and it could be a bigger one than he’d care to acknowledge.
Read the full story here.