Author Topic: Cuomo threatens New Yorkers with tax hikes over COVID-19 shortfalls  (Read 181 times)

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 Cuomo threatens New Yorkers with tax hikes over COVID-19 shortfalls

By Carl Campanile

September 10, 2020 | 5:48pm | Updated


Gov. Andrew Cuomo threatened Thursday to increase the burden on New York’s already heavily taxed residents if federal lawmakers don’t provide funding to offset losses due to the coronavirus crisis.

“This will be a hole in the financial plan so large that it will be impossible to fill,” the governor said during a conference call with reporters.

“What would we do to try to fill it? Taxes, cuts, borrowing, early retirements [of government workers]. All of the above.”

https://nypost.com/2020/09/10/cuomo-threatens-new-yorkers-with-tax-hikes-over-covid-19-shortfalls/