Dems to Silver: Don't Cut Education - Tax the Wealthy
Monday, March 07, 2011
Democrats in the New York Assembly have a message for Speaker Sheldon Silver: don't cut education - tax the rich.
In a letter to Silver, 69 Assembly members urged the speaker to support an extension of an income tax surcharge for those who earn more than $200,000 a year -- known as the millionaires tax -- rather than approve Governor Andrew Cuomo's budget cuts to education.
They say the cuts abandon the state's long-term efforts to increase education spending in poor and high-need school districts like New York City.
In a statement, a spokesman for Silver said he "wholeheartedly agrees that we should not be giving a tax break to the wealthiest New Yorkers."
The governor's office has not responded to request for comment.