Protests Over Millionaire’s Tax Disrupt Budget Meeting In Albany
In Albany, a hearing on the state budget was interrupted on Tuesday by protesters yelling, “Tax the Rich!”
Assembly Ways and Means Committee Chair Denny Farrell, D-Manhattan, whose party backs the call for more higher tax brackets for millionaires asked the protestors to leave, after they appeared for a second time.
“We gave you some time, enough,” Farrell said.
Meanwhile, Governor Cuomo, who wants to extend an existing income tax surcharge on New Yorkers making more than $1 million a year, in Binghamton defended his opposition to adding even more tax brackets.
“The fear is that you could raise taxes so high that people leave the state,” Cuomo said. “And I do believe there’s a tipping point.”
Cuomo said that no one has actually told him that they would leave.