Major New York unions support high-tax proposals
Major unions and labor organizations released a joint statement Thursday supporting proposals by the democratically controlled legislature to raise taxes on higher income earners and generate more revenue from the financial services industry in New York.
Support to working groups – including the AFL-CIO, New York State United Teachers, Communications Workers of America, and New York State Nurses Association – comes as Legislator and Governor Andrew Cuomo negotiate an expected state budget to pass by the end of the month .
The case for increasing taxes on the state’s richest residents revolves around the economic impact of the COVID-19 pandemic, and concerns about the resulting recession have disproportionately struck lower-income New Yorkers.
“We need a fairer and more progressive tax structure to withstand future downturns or unexpected disasters like this pandemic,” said Mario Cilento, president of the AFL-CIO will ensure that New York can deliver the vital public services we all rely on Left day after day, both good times and bad. “
Cuomo’s budget proposal included an increase in the state’s income tax rate for those earning $ 5 million and more.
However, Democrats in the Senate and State Assembly support proposals that go further and generate billions in revenue.
The support for tax hikes for wealthier people in the state, as well as the craze for them in the legislature, is a sign that the federal government’s $ 12.5 billion direct pandemic aid has done little to ease the pressure to do so wipe out progressive attorneys in New York.
“It is time the ultra-healthy paid their fair share of the public services that all New Yorkers rely on,” said Andy Pallotta, president of the New York State United Teachers. “Legislators have put forward progressive tax proposals designed to help generate the revenues needed to fund public schools, universities and hospitals in the years to come. We will continue to work to ensure that these bold proposals are included in the final budget agreement so that we can find a better way for our state. “