“Big new tax breaks for Wall Street and the very rich don’t make any sense at a time when New York has the worst income inequality in the nation and record-high levels of homelessness and child poverty.
Trickle-down tax cuts for the rich haven’t worked for our state.
It would be smarter to focus on broader prosperity and economic fairness for all of us: investments in education, higher education, infrastructure and public services will pay off now and for decades to come.
The Legislature and Governor Cuomo should reject big new tax breaks for deceased millionaires and billionaires. They should clean up billions in wasteful giveaways before they even consider new layers of corporate welfare.
And they should make sure any new tax proposals reduce income inequality and build economic fairness — we need to make the economy stronger, and broader prosperity is the only way to make that happen. ”
Listen to the Captial Pressroom interview featuring Michael Kink and Ron Deutsch, Executive Director of A Better Choice for NY HERE
“Our state has the worst income inequality in the nation.Any tax reform proposals should be judged on whether they make inequality worse or better. Judged by that standard, the idea that New York would cut taxes for hugely profitable Wall Street banks and millionaires is just plain bad.On the other hand, closing corporate tax loopholes and requiring performance from corporations that get economic development subsidies makes good sense.The Legislature should take the good ideas from this report and reject the bad as it works to reduce income inequality and build economic fairness.”
What if we could heal our communities, block austerity, make the 1% pay their fair share AND reduce stock market volatility, all at the same time? The Robin Hood Tax does all that, and September 17 is a great day to speak out in support of this awesome idea.<!–more–>
New York’s youth face increasing student debt and unemployment; public hospitals are shutting down, leaving patients in jeopardy; people living with HIV/AIDS are losing housing services; and NYC transit riders are suffering crippling MTA service cuts and route closures. NYC is losing its heart. All in the name of austerity-induced budget cuts.
On September 17 the UN General Assembly will convene to discuss agreed upon international anti-poverty and public health goals to be achieved by 2015. None of the goals will be met without a total reversal of global austerity measures.
Against the backdrop of the UN and the OWS anniversary, labor and community activists will rally to demand an end to austerity and full funding of human needs — locally and globally.
The answer to how we pay for it all? <a href=”http://www.robinhoodtax.org/how-it-works”>The Robin Hood Tax (click for more info)</a>. This tiny tax of less than half of 1% a percent on financial sector transactions can generate hundreds of billions each year in the US alone—economists estimate as much as $350 billion. Austerity is killing our country. We can be the Robin Hoods who save it.
Join the movement to end austerity and restore and expand vital public services here: <a href=”https://www.facebook.com/events/161555277366764/”>https://www.facebook.com/events/161555277366764/</a>
New York – Business organizations and owners across New York State are calling on lawmakers to enact the minimum wage increase to $9 that was already passed in the State Assembly with indexing for inflation and no provisions that would weaken coverage for tipped workers or any other workers covered by existing law.
As said in a joint statement signed by Costco, the Greater New York Chamber of Commerce, Eileen Fisher, ABC Home, Buffalo First, BALCONY, the Northeast Organic Farming Association of New York, Hudson Valley ReThink Local and nearly 400 business owners and organizations across New York:
“With far less buying power than it had four decades ago, today’s minimum wage means poverty for working families and weakens the consumer demand at the heart of our economy. A higher minimum wage makes good business sense. It puts money in the hands of New Yorkers who will put it right back into local businesses, buying needed goods and services. And nothing drives business job creation more than consumer demand. Increasing minimum wage also reduces the strain on our social safety net caused by inadequate wages.” (more…)