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Taxing The Rich

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"New York's Budget Battle: Taxing the Rich, School Funding, and Housing Priorities"
politics1 year ago

"New York's Budget Battle: Taxing the Rich, School Funding, and Housing Priorities"

The New York State Legislature has released budget proposals, with debates over taxing the rich, tenant protections, and school funding. Governor Kathy Hochul's $233 billion spending plan includes investments in mental health care and public safety, but also proposes cuts to education funding and health care. Democrats in the Senate and Assembly are pushing back against some of Hochul's proposals while offering their own solutions for the state's housing crisis and transportation accessibility.