With the Assembly and state Senate champing at the bit to hike taxes and spend like crazy , the question becomes: Can a badly weakened Gov. …
With the Assembly and state Senate champing at the bit to hike taxes and spend like crazy, the question becomes: Can a badly weakened Gov. Andrew Cuomo stop them? As detailed in Sunday’s Post, lawmakers’ plans risk prompting an exodus of the high earners who actually pay most taxes already — and the most progressive legislators are demanding even more hikes. The top income-tax rate in the city, combined with state and federal levies, could approach 60 percent, especially if President Joe Biden also raises rates as he plans. For years now, Cuomo has warned moderates that he’s the only barrier to the hard left pushing through its economic agenda, and there’s some truth in that (though he has wasted plenty of cash in his own right, particularly in his “Andy Land” spending in the name of economic development).
