Cuomo Pushes Higher Tax Rates for Big Earners(NYT) * Cuomo Sets New Agenda: Jobs and Taxes(WSJ) Cuomo, laying out a jobs-creation agenda for his second year, said he would pursue a "comprehensive reform of our tax code," urge an expansion of gambling, and give employers new tax incentives to hire and train urban youths. Gov. Andrew Cuomo’s rollout of new tax rates for the rich – lower than the expiring millionaires’ tax rate but higher than the old base – has won the support of the Partnership for New York City business group. The governor’s new agenda doesn’t include mandate reform, a new pension tier or the MTA’s regional payroll tax, the Wall Street Journal. * State lawmakers mull changes to controversial MTA payroll tax (NYDN) * Sources briefed on those talks say the new tax rates being discussed would last for several years. A commission would be created to come up with permanent new rates and to address tax loopholes and changes to business taxes. * Cuomo wants to expand non-Indian gaming in NYS, but that would require a (time consuming) constitutional amendment. * EJ McMahon points out that what is getting lost in Cuomo's talk about a tax overhaul is that he intends to raise taxes. * Bloomberg Wary of Reports on Cuomo's Tax Agenda(NYT) * In Essay, Cuomo Offers His Case for Amending State’s Tax System (NYT)NYP's Dicker Defends Cuomo
Tax & don’t spend Gov’s hope for next budget (NYP) Despite a newfound willingness to raise taxes on the rich, Gov. Cuomo is still insisting he’s fiscally prudent and will hold the line on state spending next year.The Post’s Fred Dicker says Cuomo has vowed to limit next year’s budget growth to 2 percent, while Assembly Speaker Sheldon Silver hopes to lower taxes for those making up to $125,000 * Cuomo has a speaking problem (BN) Gov. Andrew Cuomo has mastered the art of saying not much of anything," especially when it comes to taxing the rich. State Conservative Chairman Mike Long believes Cuomo has “lost his will to stand up to special interests” (AKA unions and their allies) when it comes to taxes.* Biz Council’s Statement No. 2: ‘No Doubting’ Cuomo(YNN)
CityAndStateNY City & State (Twitter) Cuomo mulling a plan to both raise AND lower taxes on the rich. http://bit.ly/tYupiO Figure THAT one out, Silver & Skelos!
nickconfessore Nick Confessore (Twitter) 2) Can he get business lobby (vs. wealthy-guy lobby) to go along, maybe w/non-tax measures, maybe by reducing NY corporate franchise tax? * Key questions, to me, on prospective Cuomo plan: 1) Is it revenue-neutral or does it raise revenue? If so, from who?
Cuomo Threat To Vito Albany's Political Redistricting Will Disappear Next Year
Andrew’s lip service (NYP) The Manhattan Institute’s E.J. McMahon writes in the Post that Cuomo is pushing his tax plan so quickly because his leverage over legislative leaders will only last until redistricting in mid-February. The Times Union says Cuomo should urgently push for campaign finance reform to limit the flood of money from unions and other special interests threatening to swamp New York next year Bad to worse in New York (TU)
Liu Like Father Like #1 Son
Liu got $$ from dad’s co-crook(NYP) Embattled Comptroller John Liu, the city’s chief fiscal officer, took an $800 campaign contribution from a man who was convicted of bank fraud along with Liu’s father * The Liu clock ticks (NYP Ed) Liu seems to be admitting that the gifts he got were likely illegal — and yet his campaign took them anyway. Which means Liu also took taxpayer money — in the form of public matching funds based on apparently phony private contributions from 2009.
Hevesi's son may be gearing up for nasty war against Cuomo(NYDN) Assemblyman Andrew Hevesi, newly appointed chairman of the Investigation Committee, may use the post’s subpoena power to probe Cuomo, whose pay-to-pay probe jailed his father, former state Comptroller Alan Hevesi . Cuomo's people wants Silver to “control” him.
Andrew's Father Got Him His Assembly Seat With Corrupt Pension Funds
Andrew wanted his father to get the same sentence as former Liberal Party Chair Ray Harding. Who Mr. helped arrange a $150,000-a-year job for Michael Cohen, then an assemblyman in a Queens district, at the Health Insurance Plan of New York, a company for whom Mr. Harding had been a lobbyist so Andrew could take over the Assembly seat
The Political Sons Fight
azipaybarah Azi Paybarah (Twitter) Hevesi source: "real dysfunction in state gov't is not the Legislature, it’s the executive branch & their agencies"
Deadlocked Jury To Resume Deliberations In Seabrook Trial(NY1) * Seabrook Jurors Say They Cannot Reach a Verdict(NYT)
Bruno Want to Do A Boyland . . . Use Taxpayer Funds to Pay His Legal Bill
Former Senate Majority Leader Joseph Bruno plans to seek taxpayer funding for his $2 million legal bill after his corruption conviction was thrown out, invoking an obscure provision of the Public Officers Law, the Times Union* Bruno and Boyland Could Get Legal Costs Reimbursed
NYT Says CUNY Students Not Ready for College, The DN Says Its OK to Charge Them More
CUNY tuition hikes were a painful but needed measure (NYDN Ed) * The Times says New York City and state need to strengthen their curriculum and teacher training so high school graduates are ready for college, while state lawmakers need to put more money into CUNY’s early intervention programs Where Schools Fall Short(NYT Ed)
DN Pushes Protect the Aqueducts From Fracking
New York’s lifeblood flows from its upstate reservoirs Fracking must wait until system’s safety is sure (NYDN Ed) The Daily News says the Department of Environmental Conservation must accept whatever buffer around New York City aqueducts a city study determines is necessary to protect them from hydrofracking – even if it’s 17 miles. The Post, on the other hand, accuses DEC Commissioner Joe Martens of trying to kill fracking via “death by 1,000 stalls.”
How Long You Wait Depends on the Hood
Time Out to Push the Education Reelection Third Term Mayor BS
On A Day the Post Office Will Eliminate 100,000 Jobs the NYP Thinks This is Front Page News