Thursday, November 28, 2013
How de Blasio Dances With Cuomo
Reduce Taxes What Happens to de Blasio's Plan to Pay for Pre-K?
Former Gov. George Pataki, co-chair of a commission on tax reform, will propose a plan this week that would reduce the state’s personal income taxes, including those in the highest bracket, and will address estate and business taxesPataki Said to Push Income Tax Cut(WSJ) * "if de Blasio wins universal prekindergarten, he'll never have to do shifts at the food co-op."(CrainsNY) * Cuomo says he is not interested in tinkering with the state’s personal income tax rates, shooting down a trial balloon floated by former Gov. George Pataki* Cuomo said he is not interested in tinkering with the state’s personal income tax rates, as suggested by former Gov. George Pataki, but said he wants to find ways to reduce the burden of property taxes in 2014, The Buffalo News reports: * The Daily News’ Bill Hammond notes how business tax credits are taking a huge bite out of the state’s finances, almost $1.8 billion this year alone, and characterizes it as “corporate welfare” * * Gov. Andrew Cuomo said that he expects there to be a budget surplus that would pave the way for tax cuts in 2014, and that he wants to focus on providing property tax relief, State of Politics writes: * Cuomo says don’t count on tolling the East River bridges. “It hasn’t passed in the past, and I don’t believe it would pass now.”