A coalition of advocates and elected officials launched a campaign Monday calling on New York to levy $40 billion in new taxes on the state's wealthiest people, in order to fund a wide array of public investments and social programs.
The Invest in Our New York coalition launched its campaign to raise $40 billion of revenue through increased taxes on the wealthy.to get insights and game coverage for your favorite teams
But those were yesterday’s moves, and now the state needs to come through even further, the coalition’s progressive members claim.collective net worth soar by about $1.5 trillion Advocates say the state could invest that windfall in restoring tuition-free education at the City University of New York, creating a universal childcare system, increasing the minimum wage, and establishing an unemployment insurance program for undocumented New Yorkers.
Hochul will unveil her 2023 State of the State program next month, and the next state budget is due April 1.
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