On January 28, New York City Socialist Democrat Congresswoman Alexandria Ocasio-Cortez appeared in the Bronx with newly elected Congressman Jamaal Bowman of the Bronx to call on New York State to quickly pass a bill by state lawmakers to raise taxes on the wealthy by $50 billion.
Today is a new day. This plan is going to tax the rich in New York State,” he said. said O’Casey Show at a news conference Thursday. “It’s also complicated, and we’re going to make the rich pay their fair share.
Standing with her is freshman U.S. Rep. Bowman, a former Bronx high school principal. This man joined O’Casey’s socialist group as soon as he entered Congress.
The bill called “The Invest in Our New York Act,” which the two lawmakers called for, includes six proposals to collect $15 billion in taxes from the wealthy; $7 billion in taxes from investment capital gains, such as stocks; $8 billion in taxes from higher property taxes and estate taxes; $23 billion in taxes from the assets of billionaires. 23 billion; and $12 billion from a “Wall Street tax” on top of the financial transaction tax, etc., using these tax money collected from the rich to maintain government services under the financial collapse after the Epidemic.
But Governor Cuomo has said that he is not prepared to collect taxes from the rich because he fears that it will drive more rich people away from New York State. Meanwhile, the governor supports the new President Joe Biden‘s (D-N.Y.) and Senate Majority Leader Chuck Schumer’s (D-N.Y.) $15 minimum wage bill, and plans to use federal relief money from the epidemic to provide government services.
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