With Wall Street "occupied" by those who want to well to do to pay more, it looks like Governor Cuomo is still intent on opposing a "millionaire's tax" when it comes up for renewal later this year. Assembly Speaker Silver wants the tax surcharge but tells Dicker he will not hold a budget hostage to get it.
The tax on high earners is feared to make NY less competitive and would drive the rich to move away. Advocates argue the wealthy are ripping off lower and middle income Americans and are not paying their fair share.
Shelly Silver won’t delay budget for millionaire’s tax - NYPOST.com