Cuomo proposes no new taxes, fees - again - NEWS10 ABC: Albany, New York News, Weather, Sports

Cuomo proposes no new taxes, fees - again

Posted:

ALBANY, N.Y. (AP) - New York Gov. Andrew Cuomo is proposing no new or increased taxes or fees in his 2012-13 budget.

It's the same pledge he made a year ago and during his 2010 campaign, but which he and the Senate's Republican majority broke in December.

After flatly rejecting any new taxes for 11 months, Cuomo and the GOP senators agreed to a "millionaire tax" on the state's top earners that had been pushed by the Assembly's Democratic majority to avoid further cuts to schools and programs as a deficit deepened.

Cuomo says Tuesday he won't increase taxes or fees because New York has no future as the tax capital of the nation.

Now his more than $130 billion budget proposal goes the Legislature.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

Powered by WorldNow
     
NEWS10 ABC
341 Northern Boulevard
Albany, NY 12204
+(518) 436-4822
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WTEN. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.