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Cuomo Throws Cold Water on Increased Wealth Tax Proposals

Cuomo Throws Cold Water on Increased Wealth Tax Proposals PUBLISHED 7:48 PM ET Jan. 11, 2021 PUBLISHED 7:48 PM EST Jan. 11, 2021 SHARE New York is facing a $15 billion budget deficit, the largest in its history. Lawmakers and Governor Andrew Cuomo stand divided, however, on how to make up this revenue shortfall. Cuomo during his State of the State Address pointed to the federal government for failing to provide resources in the fight against COVID-19 and said it is up to Congress then to provide the aid. “Washington passed the buck without passing the bucks,” Cuomo said. “And again in December, Congress failed this nation when it failed to pass state and local financing during their last legislative session.”

N Y Senate Democrats make election reforms and absentee ballot protections first priority

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