As if he hasn’t had enough stumbles, NY Governor Eliot Spitzer is now considering breaking outright his campaign promise not to raise taxes, which he previously bent rather severely with proposed business tax hikes and aggressive sales tax enforcement against Native Americans. He’s apparently pondering an income tax hike:
Governor Spitzer is considering a proposal to raise income taxes on wealthier New Yorkers, according to a labor-backed political party that is pushing for the increase….
Support for a tax increase is coming from one of Mr. Spitzer’s firmest backers, the Working Families Party, a grassroots operation financed by a coalition of labor unions and community groups….
Party leaders have not finalized details of the plan, but they are expected to call for raising the income tax rates of New Yorkers earning at least $200,000 to $500,000 a year.
This is on top of Spitzer’s new plan to tax Internet sales and new MTA fare hikes. Because really, the first thing people think of in New York is that taxes are so low and the business climate is so friendly…