They might want to focus on the many corporate tax breaks the city has authority over. Nothing wrong with trying to get help from Albany--every mayor does. But if the city cuts back its own tax breaks for the wealthy, it would be in a better position to argue the state should, too.
Paul Moses
Today, alongside Speaker Menin, I continued our call for a reduction to the Passthrough Entity Tax Credit (PTET) — a tax break for some of the wealthiest New Yorkers.
As we face a historic fiscal deficit, we ask that those with the most pay their fair share.
