Without discussing details, Governor Cuomo did not flatly contradict or deny aWall Street Journal report that he is considering some sort of personal income tax “overhaul” that would combine a middle class tax cut with some sort of increase in tax rates for upper-income households.
In a lengthy Talk 1300 radio interview this morning with the Fred Dicker of theNew York Post, Cuomo emphasized that he was viewing tax alternatives through an economic prism.
As he often does, the governor framed the issue in the form of a rhetorical question: “What would you do with the tax code … to promote jobs?”
Of course, there’s a simple answer to that one: avoid increasing marginal income tax rates.
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