Working Families Party Keeps Hope Alive — They’re Fighting For Tax Increases!
Today’s the day for the special session in Albany — let’s hope the Senate does the right thing — nothing! The Working Families Party — the people who worked hand in hand with Tom Golisano to help the Democrats take over the state Senate, issued a statement yesterday calling for tax increases.
He is their statement:
“Tomorrow, Governor Paterson is asking New York’s working families to swallow billions in budget cuts. The cuts will negatively impact millions of New Yorkers: SUNY and CUNY students, local property tax payers, the elderly, New Yorkers with disabilities, school children - the list goes on and on.
Everyone is being asked to sacrifice, everyone except the wealthiest New Yorkers who could most afford to do so.
We can get through the economic downturn and solve New York’s budget crisis, but only with true shared sacrifice. That means both making prudent spending cuts and asking the rich to contribute a little bit more to the cost of saving critical public investments.
It is not only fair, it is economically sound. The Governor’s own economic advisors, like Nobel Prize winning economist Joseph Stiglitz, have cautioned that at a time of plummeting consumer spending, drastic cuts in state spending could sink New York even deeper into recession. Stiglitz recently wrote to Albany leaders that “increases on higher-income families are the least damaging mechanism for closing state fiscal deficits in the short run.”
The Governor and the legislature should remember that combining modest budget cuts and modest tax increases is a formula that has worked before. In 2003, during the post-9/11recession, New York raised taxes on the rich. The economy grew, the number of high-income New Yorkers actually increased, and critical revenue was raised to keep New York solvent.
New York’s working families are hoping the legislature and the Governor heed the lessons of recent history and remember that shared sacrifice must mean exactly that.”
Yes, the problem is those darn “high-income families.” Who do they think they are? Don’t they realizing that forking over half of what they make now isn’t fair to the rest of us?
Call you legislator and tell them that it’s about time the rich pay “their fair share.”
2 Responses to “Working Families Party Keeps Hope Alive — They’re Fighting For Tax Increases!”
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Remember, according to Barack Obama, now people with a household income of $125,000 are considered rich by him. The media kinda glossed over that as the end of the campaign neared.
The Hollywood elite with the $20 million homes who contributed to Obama’s campaign don’t want to be the only ones who have to pay up. Now it’s the hardworking middle class who need to share the pain with them. Remember, according to Obama, we’re all in this together!
Get ready for the fleecing folks! Suckers!
This is the change we get.