2023 · Pass the invest in our new york act

It is time for New York to fully invest in the real people who drive our economy and the communities we call home.

The Invest In Our New York Act can raise $40 billion in new public funds by raising taxes exclusively on the wealthiest people and corporations in our state. It's time for Governor Hochul and the New York Legislature to Invest in our New York. The Invest In Our New York Act is a plan to:

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  • Transform NY's tax system: Raise taxes only on NY's wealthiest millionaires, billionaires & corporations… raising $40 to $50 billion in new annual public funds

  • Fund $40 billion in new investments: Pass a state budget and bold spending package that puts everyday New Yorkers first and reflects the needs of our communities

 
Learn more about the Act ↓

Our stories are powerful — Send Gov. Kathy Hochul a message and sign our petition to pass the act!

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Our state budget needs an agenda that places the needs of middle– and working–class, low–income and impoverished New Yorkers first.

a plan to raise $40—$50 billion in new public funds and to fully invest in our New York

  • $10.5 billion - Public Education & Childcare

  • $10.4 billion - Toward Housing

  • $10.5 billion - Addressing the Climate Crisis in New York State

  • $9.1 billion - Towards Workers, Wages and Public benefits

$10.5 billion toward public education and childcare

$10.4 billion toward housing statewide

  • To increase access for New York’s most vulnerable
  • And to drive down the costs of rent and utilities

$10.5B - To address the Climate Crisis in New York State

$9.1 billion toward workers, wages and public benefits

raise new annual public funds by

  • Restructuring NY's Income Tax: making it more progressive and to raise rates on the top 5% of earners
  • Transforming the NY Tax System: to make the wealthiest people and wealthy corporations pay what they owe New York

FUNDING $40 BILLION IN PUBLIC INVESTMENTS

New York has one of the largest economies in the world and has the highest concentration of wealth in the country. New Yorkers earning $30 million and above, just 0.4% of our population, are holding $7 trillion in wealth here in NY.

The wealthiest profit from living and doing business here and from our workers, our communities and our public infrastructure—It's time they pay what they owe NY.

raising taxes only on the wealthiest

  • In 2023: We're calling for a restructuring of the Income Tax Code to create more new tax
    brackets, and to raise revenue from the top 5% of earners.
  • In 2021: We raised the Personal Income Tax (PIT) on income over a million dollars per year, with progressive brackets at $1M, $5M and $25M—changes to the PIT and Corporate Tax have resulted in over $10 billion in new revenue for NY.

The Invest In Our New York (IONY) Campaign has a plan. If passed, the historic suite of legislation included in the Invest In Our New York Act would represent the single largest measure taken to close New York’s inequality gap in decades. 

Invest In Our New York Campaign - Steering Committee

The Invest in Our New York Act raises $50 billion so we can take care of each other and rebuild our economy by ending tax breaks for the wealthiest New Yorkers. The Invest in Our New York Act raises $50 billion so we can take care of each other and rebuild our economy by ending tax breaks for the wealthiest New Yorkers. The Invest in Our New York Act raises $50 billion so we can take care of each other and rebuild our economy by ending tax breaks for the wealthiest New Yorkers.

Invest In Our New York Campaign - Coalition Members

  • – Bend the Arc: Jewish Action Long Island
  • – Bend the Arc: Jewish Action-Riverdale NY
  • – Capital District DSA
  • – Carroll Gardens Association
  • – CCoHOPE Indivisible
  • – Center for Community Alternatives
  • – Chinese-American Planning Council
  • – CNY Solidarity Coalition
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  • – Downtown Women For Change
  • – DRUM (Desis Rising Up & Moving)
  • – For the Many
  • – Free The People Rochester
  • – Greater NYC for Change
  • – Housing Rights Initiative (HRI)
  • – Housing Works, Inc.
  • – Indivisible Harlem
  • – Indivisible Mohawk Valley
  • – Indivisible Nation BK
  • – Indivisible Sunnyside
  • – Indivisible Ulster
  • – Inwood Indivisible
  • – Irvington Activists
  • – Jews for Racial & Economic Justice
  • – Labor-Religion Coalition of NYS
  • – Literacy Assistance Center
  • – Long Island Acitvists
  • – Long Island Jobs with Justice
  • – Metro New York Health Care for All
  • – Mid-Hudson Valley DSA
  • – Nassau County Democratic Socialists of America
  • – Nassau NOW
  • – Network for a Sustainable Tomorrow
  • – NY Renews
  • – NYCD16-Invisible
  • – NYPAN Greene
  • – Parents Supporting Parents NY
  • – Peace Action of Staten Island
  • – PEER/NYPAN, Suffolk Cty, Progressive East End Reformers
  • – Physicians for a National Health Program, New York Metro Chapter
  • – Progressive Schenectady
  • – Putnam Progressives
  • – Resource Generation NYC
  • – Rise and Resist
  • – Rochester Democratic Socialists of America
  • – Rockland United
  • – Save Our Storefronts
  • – Street Vendor Project, Urban Justice Center
  • – Suffolk Progressives
  • – Sunrise Movement NYC
  • – SURJ Rochester (SURJ ROC)
  • – Swipe Out Hunger
  • – Tenants Political Action Committee
  • – To Do List Indivisible
  • – Together We Will Long Island
  • – Upper West Side Action Group: MoveOn/Indivisible/SwingLeft
  • – Westchester for Change
  • – Worker Justice Center of New York