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State Lawmakers Want Higher Taxes On The Rich, But Shy Away From Billionaires Tax arrow Protesters in July demanding higher taxes on billionaires in New York to fund aid for undocumented workers. JUSTIN LANE/EPA-EFE/Shutterstock State lawmakers want to raise taxes on the wealthy and corporations by $7 billion to stop tuition increases, fund transportation and rent assistance, and provide aid to undocumented New Yorkers who were left out of the federal and state pandemic relief efforts. The proposals from the State Assembly and the State Senate call for significant spending increases compared to the budget proposed by Governor Andrew Cuomo in January more than 10%, or $8.7 billion in the Assembly.

New yorkUnited statesKathryn wyldeRebecca bailinAndrew cuomoNadia marin molinaFreeman klopottPartnership for new yorkAssembly speaker carl heastieNational day laborerStanford universityNew yorkersState assemblyState senateGovernor andrew cuomoSpeaker carl heastie