Electeds: Raise taxes on ultra-rich

Riverdale Press

By Sachi McClendon

The coalition called Invest in Our New York aims to pass a package of six bills, known collectively as the IONY Act, which would raise more than $50 billion by cutting tax breaks for the wealthiest New Yorkers.

“If we want to truly build a New York for all, we need to champion and enact policies that benefit working people,” Carolyn Martinez-Class, the campaign manager for this year’s IONY campaign, said in a statement. “We can’t keep up the status quo of giving handouts to billionaires at the expense of everyday New Yorkers and expect working-class families to make ends meet. We need real change, now.”

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