New York Dems Move Closer to Tax on the Super-Wealthy

by: David Sirota

Thu Feb 05, 2009 at 18:14



As New York Gov. David Paterson (D) continues to push a regressive budget that avoids tax increases on millionaires and slashes programs for the middle and working class, Democrats in the legislature continue the progressive pushback they launched a few weeks ago. Today, we get this declaration from Assembly Speaker Sheldon Silver (D):

When asked whether he intends to join the so-called "Fair Share" campaign being mounted by organized labor, the Working Families Party and others to get Gov. David Paterson and the Legislature to at least temporarily boost the PIT to avoid deep spending cuts, Silver said:

"This conference has in prior years has passed a increase in taxes on those who earn more than a million dollars. Clearly, that proposition by this conference is acceptable to a vast majority of people in this state."

Silver is correct, according to polls showing the majority of New Yorkers oppose Paterson's budget cuts and instead favor tax increases on the wealthy. And as states across the country struggle with budget shortfalls, these kinds of fights are going to keep coming up. The right will insist on balancing the budget with cuts to programs that help regular people, and it will be up to progressives to fight back with proposals to balance the budget with tax increases on the super-rich.

David Sirota :: New York Dems Move Closer to Tax on the Super-Wealthy
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Having Observed Albany Politics For Years I Suspect This Is (0.00 / 0)
what Paterson wanted all along.  Last year Spitzer and then Paterson floated the millionaires tax only to have the legislature say no.  I have thought from day 1 Paterson decided to put out a draconian budget and let the legislature do the dirty work this time.  

And for those of you not from NY, yes Albany is that screwed up.


From your mouth... (0.00 / 0)
to god's ear.  The Assembly does stuff like this all the time. Even though the Senate is now controlled by Dems, the majority leader is a hack and disciple of Floyd Flake.

I hope that Patterson was waiting for this.  In the meantime he pissed off his base.  I wonder what he will do after 11/2010?

I live in a true blue state--I will have a choice in November


it is different though (0.00 / 0)
before you KNEW that the senate would block it, the assembly would support it, and the governor, the senate leader, and the assembly leader would decide after the budget was 6 months late.  Now, it might be 4 months.

[ Parent ]
Good (0.00 / 0)
And this is Silver, not the most progressive guy. I think he can get it passed, but can the Senate? If so I doubt Paterson would veto it.  

John McCain: Beacuse lobbyists should have more power

A Long List (0.00 / 0)
To dig itself out of this hole, America needs to

- arrest the memebers bankster-media crime syndicate that has created this mess as well as 9/11 but also
- tax the profits of the criminals to reduce federal borrowing and soaring debt and prevent hyperinflation
- reduce spending on defense to direct more resources to building up the manusfacturing base, especially reduce spending on private contractors
- switch over to green energy to preserve the environment, help housholders survive the economic downturn (give everyone a solar panel, stimulating the sector too), and also create a new manufacturing sector and jobs to keep up with Japan and China and the rest of the world
- put a halt to foreclosures right now to stop tens of nillions of American ending up homeless with inadequate health care or food (also a form of genocide though the Zionist media reports nothing about the tent cities)
- nationalise the fed and restructure banking
- restore law and order and fight corruption at all levels (including an investigation into 9/11)
- stop all torture and rendition, which make America still more hated
- restore American's constitutional rights


Not usually a big fan of Silver... (0.00 / 0)
...but if he sticks with this, then kudos to him

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