NYS Tax Reform & Fairness Commission Report

Posted On November 14, 2013

The proof is in the pudding, check out the excerpt below then give the whole report a read.

“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.”
SEE THE FULL REPORT HERE: http://www.governor.ny.gov/assets/documents/greenislandandreportandappendicies.pdf

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