Fahy, Steck join coalition opposed to tax changes
By TIFFANY BROOKS
Capital Region Assembly members joined a coalition of labor representatives, faith leaders and others in Albany Monday to ask the Legislature and the governor to reconsider proposed changes to the current tax system, especially the estate tax.
Pat Fahy, D-Albany, and Phil Steck, D-Loudonville, stood with progressive groups during an event at Emmanuel Baptist Church on State Street near the Capitol. The groups are asking legislators to say no to Gov. Andrew Cuomo's planned tax breaks including the plan to increase New York's estate tax exemption from $1 million to $5.2 million.
"We are all united in fighting the tax cuts being proposed by Gov. Cuomo right now. Tax cuts which we believe greatly benefit the wealthiest among us at the expense of the rest of us," said Ron Deutsch, executive director of New Yorkers for Fiscal Fairness. "Right now New York leads the nation in income inequality that's the greatest gap between those that earn the most and those that earn the least; we have that dubious distinction in New York."
During the governor's State of the State and Executive Budget addresses, he proposed using an expected $2 billion surplus to reform the state's tax system, giving tax breaks to businesses and property owners.
http://www.legislativegazette.com/Articles-Top-Stories-c-2014-02-25-86931.113122-Fahy-Steck-join-coalition-opposed-to-tax-changes.html