Cuomo’s $2.1 billion surplus
Andrew Cuomo is having a full-blown meltdown over the thought of providing property tax relief to Upstate and Long Island homeowners by covering $2.3 billion in Medicaid costs in 2020.
But there’s a slight issue: Cuomo’s own budget projects a $2.1 billion surplus in 2020 (see page 10). And included in that surplus is $445 million in subsidies to Hollywood and $50 million for “Open For Business” advertisements.
So why is Emperor Cuomo using scare tactics by threatening to raise middle class income taxes by 26%?
“As soon as Andrew Cuomo is done throwing his public temper tantrum, he should get to work cutting wasteful spending from his bloated $154 billion budget. Upstate and Long Island residents deserve property tax relief, not a governor who bullies middle class taxpayers.” –NRCC Spokesman Chris Pack