Andrew Cuomo on Tax Reform

Democratic Governor


Tax cut for middle class; increase taxes on wealthiest 1%

Although Cuomo said as a candidate in 2010 state taxes were "out of control" and candidate Astorino in 2009 called county taxes "madness", records show each, at best, only stemmed the growth in taxes, which remain among the highest in the nation.

Cuomo's tax message includes a modest cut for the middle class while increasing taxes on the state's tiny, wealthiest 1 percent, [one pundit] said. "It's good politics," he said.

[Perhaps] Cuomo's greatest triumph is forcing a 2 percent cap on the growth in local property taxes. Cuomo promised as a candidate in 2010 to eliminate state-mandated programs on schools and local governments so they could afford the 2 percent cap. Many school and local government officials say too few mandates-- many protected by influential unions in Albany --were touched.

[One pundit] dismissed Cuomo's property tax freeze as a "gimmick," because taxes will still go up and the state subsidy will just mask them for a year or two.

Source: Newsday on 2014 New York State gubernatorial race , Jun 15, 2014

A flat tax is not a fair tax

We fought for tax fairness. For decades, millions of New Yorkers were burdened with an unfair tax code. Whether a person made $20,000 or $20 million, they paid the same rate. It was just wrong--because a flat tax is not a fair tax. We added new brackets for the middle class and for high earners. The more you make, the higher rate you pay. And we stimulated our economy by cutting taxes for New Yorkers earning $40,000 to $300,000. Today, the middle class is paying the lowest rate in 58 years.
Source: 2012 New York State of the State Address , Jan 4, 2012

Enacted NY's first-ever property tax cap: 2% per year

We began the year by closing a $10 billion deficit with no gimmicks, and we did it on time. The budget included historic reforms to redesign and consolidate state government, eliminate automatic spending increases that cost New Yorkers billions of dollars, and cap spending increases for education and Medicaid. After 20 years of failure, we enacted the state's first-ever property tax cap. New York's property taxes are among the highest in the nation, but for more than 15 years, both houses of the Legislature and three governors failed to bring these skyrocketing costs under control. The tax cap that we enacted limits increases in property taxes to 2 percent, or the rate of inflation--whichever is less. Schools and local governments can go beyond the cap, but only if 60 percent, respectively, of the voters or local legislative body approve.
Source: 2012 New York State of the State Address , Jan 4, 2012

NY has 2nd highest state and local tax burden in the nation

The national economic decline has hurt New York especially hard. We are in the midst of the Great Recession where nearly 800,000 New Yorkers are unemployed and our people are facing the crush of the second highest combined state and local tax burden in the nation. New York's already hostile business climate--ranked 50th in the nation--must change if we are to have prosperity. Our government costs are simply unsustainable. New Yorkers see the dysfunction and they're voting with their feet by leaving.
Source: 2011 State of the State speech to New York legislature , Jan 5, 2011

Freeze state taxes; cap local taxes; cap spending

Source: 2010 gubernatorial campaign website, andrewcuomo.com , Nov 1, 2010

Tax business based on how much business they do in NY

Cuomo proposed taxing multi-state companies only on how much business they do here. Cuomo suggested replacing the existing corporate franchise tax, which is based on a combination of sales, payroll & property holdings, with a “single sales factor” tax, under which sales would be counted once instead of twice as they are now. It would be phased in over four years and benefit manufacturers and securities firms first, eventually applying to all companies with holdings in New York and other states.
Source: Elizabeth Benjamine, Times Union (Albany) , Feb 15, 2002

Other governors on Tax Reform: Andrew Cuomo on other issues:
NY Gubernatorial:
Bill de Blasio
Howie Hawkins
Kathy Hochul
Mike Bloomberg
Rob Astorino
Zephyr Teachout
NY Senatorial:
Charles Schumer
Kirsten Gillibrand

Gubernatorial Debates 2014:
AL: Bentley(R) vs.Griffith(D)
AR: Ross(D) vs.Hutchinson(R) vs.Griffin(R,Lt.Gov.)
AZ: Ducey(R) vs.DuVal(D) vs.Mealer(AE) vs.Gilbert(L) vs.Riggs(R)
CA: Brown(D) vs.Kashkari(R)
CO: Hickenlooper(D) vs.Beauprez(R) vs.Tancredo(R) vs.Hess(L)
CT: Malloy(D) vs.Foley(R) vs.Walker(R,Lt.Gov.)
FL: Scott(R) vs.Crist(D) vs.Snitker(L,Lt.Gov.)
GA: Deal(R) vs.Carter(D) vs.Hunt(L)
HI: Ige(D) vs.Aiona(R) vs.Abercrombie(D)
IA: Branstad(R) vs.Hatch(D) vs.Hoefling(R)
MA: Coakley(D) vs.Baker(R) &Polito(R,Lt.Gov.) vs.Grossman(D) vs.Berwick(D)
ME: LePage(R) vs.Michaud(D) vs.Cutler(I)
MI: Snyder(R) vs.Schauer(D)
NM: Martinez(R) vs.King(D)
NY: Cuomo(D) &Hochul(D,Lt.Gov.) vs.Astorino(R) vs.Hawkins(G) vs.Teachout(D)
OK: Fallin(R) vs.Dorman(D)
PA: Corbett(R) vs.Wolf(D) vs.Schwartz(D,lost primary) vs.Critz(D,Lt.Gov.,lost primary)
Newly-elected 2014:
AK-I: Bill Walker
AR-R: Asa Hutchinson
AZ-R: Doug Ducey
IL-R: Bruce Rauner
MA-R: Charlie Baker
MD-R: Larry Hogan
NE-R: Pete Ricketts
PA-D: Tom Wolf
RI-D: Gina Raimondo
TX-R: Greg Abbott

Up for re-election 2014:
AK-R: Sean Parnell
AL-R: Robert Bentley
CA-D: Jerry Brown
CO-D: John Hickenlooper
CT-D: Dan Malloy
FL-R: Rick Scott
GA-R: Nathan Deal
HI-D: Neil Abercrombie
IA-R: Terry Branstad
ID-R: Butch Otter
IL-D: Pat Quinn
KS-R: Sam Brownback
ME-R: Paul LePage
MI-R: Rick Snyder
MN-D: Mark Dayton
NH-D: Maggie Hassan
NM-R: Susana Martinez
NV-R: Brian Sandoval
NY-D: Andrew Cuomo
OH-R: John Kasich
OK-R: Mary Fallin
OR-D: John Kitzhaber
PA-R: Tom Corbett
SC-R: Nikki Haley
SD-R: Dennis Daugaard
TN-R: Bill Haslam
VT-D: Peter Shumlin
WI-R: Scott Walker
WY-R: Matt Mead
Civil Rights
Foreign Policy
Free Trade
Govt. Reform
Gun Control
Health Care
Homeland Security
Local Issues
Social Security
Tax Reform

Term-Limited or Retiring 2014:
AR-D: Mike Beebe
AZ-R: Jan Brewer
MA-D: Deval Patrick
MD-D: Martin O'Malley
RI-I: Linc Chafee
TX-R: Rick Perry

Search for...

Page last updated: Jan 11, 2015