News from the Gubernatorial Race in New York

| | Bookmark and Share

New York’s GOP gubernatorial candidate, Carl Paladino, has spent the past month pledging to cut taxes by 10 percent and slash state spending by 20 percent to address the state’s looming budget shortfall. The details of his tax cuts have been sparse, though in campaign stops he has referred to cutting personal income tax rates, reducing corporate minimum taxes, and eliminating the corporate franchise tax for manufacturers.

Most recently, Paladino has admitted that his plan to reduce spending by 20 percent in one year is “unrealistic” because “closing state agencies, cutting the workforce and trimming Medicaid takes time.”

Thank you for visiting Tax Justice Blog. CTJ and ITEP staff will soon retire this domain. But ITEP staff are still blogging! You can find the same level of insight and analysis and select Tax Justice Blog archives at our new blog,

Sign Up for Email Digest

CTJ Social Media

ITEP Social Media