GOP’S Tax Fight: Bid To Help NY’s Middle Class

March 5,2013

New York Post

Senate Republicans have rolled out a proposed tax package they say would save mostly middle-class families $1.8 billion , if they are able to convince Gov. Cuomo and Democrats to go along with their idea. The proposal would include the first increase in New York’s tax deduction for dependents in 26 years, raising it from $1,000 to $2,020.Senate GOP leader Dean Skelos of Long Island said yesterday he and his fellow Republicans will push for the plan to be part of the new state budget for the fiscal year that starts next month. Skelos, noting that Cuomo has included some $2.5 billion worth of new initiatives as part of a proposed $142 billion budget, presented the tax-cut plan as the GOP’s alternative. He claimed the plan would save $1,036 for a family of four with an annual income of $55,000.

Senate Republicans would also increase the dependent-care and child- care tax credits while reinstating school property-tax rebate checks that were discontinued during a budget crunch in 2009.The GOP is also pushing to end a “temporary” utility-tax surcharge as planned, rather than extending it five years, as Cuomo wants…

 

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For the second consecutive year, the New York State Senate has completed an early passage of the state budget. The 2012-13 state budget achieves the Senate Republicans’ goals of reducing state spending, not raising taxes and creating new private sector jobs.

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