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Protesters Swarm Capital as Lawmakers Point Fingers on Budget

Wednesday, March 30, 2011 - 03:49 PM

In the State Senate, budget bills were being debated Wednesday afternoon as Democrats and Republicans attempted to point fingers over which party is more responsible for imposing taxes.

Democrats attempted to score political points on the Senate floor, as Senator Liz Kruegger, a Manhattan Democrat, questioned Republicans why they agreed to allow a tax on the state’s millionaires to sunset, when they allowed an MTA payroll tax that effects small businesses to stand.

“There was a decision to continue the MTA tax and end the tax for millionaires,” said Krueger.

Senate Finance Committee Chair John DeFrancisco, a Republican from Syracuse, says the GOP is not rejecting the millionaires tax, but simply allowing it to expire at the end of the year as scheduled.

“This budget is silent on the millionaire’s tax,” said DeFrancisco.

Senate Leader Dean Skelos rose to defend the GOP’s position, pointing out that it was the Democrats who approved a millionaire’s tax with an expiration date, but permitted the MTA payroll tax on businesses small and large to continue in perpetuity.

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Protesters hang signs on the 'Million Dollar Staircase" in Albany's Capital buildling.
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Harold Got Bucks III (aka Eric Galleon) is part of the group Buffalo Billionaires.

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