N.Y. tax and budget deadline converge with Cuomo scandals
Keshia Clukey, Bloomberg
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New York Gov. Andrew Cuomo during a news conference in the New York State Capitol Building in Albany, N.Y., on May 17, 2020.Bloomberg photo by Angus Mordant.
Emboldened New York lawmakers could take on a politically weakened Gov. Andrew Cuomo to push their own budget agenda, including a more progressive tax policy targeting the ultra-wealthy.
With just four weeks until the state budget deadline, many Democratic lawmakers have been eyeing a tax package that would go further than the hike on high-income earners that Cuomo proposed in his worst-case-scenario executive budget. The Legislature also could pressure Cuomo to send additional recreational marijuana tax revenues to communities hardest-hit by anti-drug laws, said Assemblyman Ron Kim, a Queens Democrat.