Op-Ed | Cutting services is dangerous and unnecessary; make the super-rich pay what they owe instead

amNY

By Senator Kristen Gonzalez and Theo Oshiro

The Invest in Our New York coalition is advocating for common-sense reforms that will generate $40 billion in new public funds that we can invest directly into our communities and all New Yorkers’ well-being. For example, many super-wealthy New Yorkers make income simply by selling stocks and other investments. Yet, these earnings are not taxed at the same level as our hard-earned paychecks; amending this inequity will bring in $12 billion every year.

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