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Reply #4: The headline is wrong: he's still pushing LOWER tax rates for the wealthy. [View All]

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TheWraith Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-04-11 11:35 PM
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4. The headline is wrong: he's still pushing LOWER tax rates for the wealthy.
Read farther down into the article.

While Mr. Cuomo did not provide specifics on his tax proposals, the governor and legislative leaders were negotiating a deal, the officials briefed on the plan said, that would allow the states so-called millionaires tax a surcharge on incomes over $200,000 for individuals to lapse as scheduled on Dec. 31.


In other words, he'll offer a tax rate that's slightly higher than what it was before the millionaire's tax as a sop, but still vastly lower than what they're paying now.
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