ALBANY, N.Y. — New York Gov. Andrew Cuomo is proposing no new or increased taxes or fees in his 2012-13 budget.
It’s the same pledge he made a year ago and during his 2010 campaign, but which he and the Senate’s Republican majority broke in December.
After flatly rejecting any new taxes for 11 months, Cuomo and the GOP senators agreed to a “millionaire tax” on the state’s top earners that had been pushed by the Assembly’s Democratic majority to avoid further cuts to schools and programs as a deficit deepened.
Cuomo says Tuesday he won’t increase taxes or fees because New York has no future as the tax capital of the nation.
Now his more than $130 billion budget proposal goes the Legislature.