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Gotham Gazette

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Millionaire's tax

Millionaire's tax

  • In Albany, De Blasio and Democrats Push ‘Mansion Tax’

    bdb albany mansion tax rally rachel 

    De Blasio in Albany (photo: Rachel Silberstein/Gotham Gazette)


    Mayor Bill de Blasio journeyed to Albany Wednesday to rally with Democratic legislators and activists for the extension of the “millionaires’ tax,” set to expire this year, as well as the “mansion tax,” a proposal the mayor has been pushing since 2015. De Blasio and his allies called for both to be part of the new state budget due by April 1.

    Citing the threats of deep federal budget cuts from President Donald Trump’s administration and a

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  • Beware of 'Common Sense' Arguments Against the Millionaire's Tax

    Speaker Carl Heastie

     Assembly Speaker Carl Heastie (photo: The Governor's Office)


    Higher taxes on New York’s wealthy are on the table in three places for this year’s budget negotiations. Governor Andrew Cuomo’s Executive Budget for 2018 includes an extension of the so-called "millionaire’s tax”. The state Assembly has decided to see the governor

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  • Heastie Takes to Twitter to Respond to Cuomo on Tax Plan

    cuomo heastie standing photo

    Cuomo and Heastie (photo: The Governor's Office)


    Assembly Speaker Carl Heastie's Twitter account lit up Tuesday with a stream of "fun facts" about income inequality and his proposed millionaire's tax just a day after Gov. Andrew Cuomo dismissed the plan.