Cuomo: No ‘reason or appetite to take up taxes this year’
ALBANY — Gov. Andrew Cuomo threw cold water Monday on Assembly speaker Carl Heastie's plan to increase taxes on the rich.
“I don't believe there's any reason or appetite to take up taxes this year,” the governor told reporters.
Democrats who dominate the State Assembly have proposed renewing a surcharge on top income earners that was first passed in 2009, and adding higher tax brackets for New Yorkers reporting between $5 and $10 million in income.
Cuomo had hitherto not commented on the Assembly plan.
The governor has tried to position himself as a progressive Democrat, but he has taken an opposite position on raising taxes than many labor and progressive groups.
Indeed, Cuomo has pushed to cut taxes.
Michael Kink, leader of the Strong Economy for All progressive coalition, said there was a good case to be made for raising taxes.
"I think New Yorkers absolutely will support fair share taxes on the rich if they know the money will be put to good use — schools need to serve kids in poverty, water systems are exploding and poisoning families and large transit improvements need to be funded," he said. "All of those things are serious needs, and fair share taxes absolutely could help the state meet them."