Gov. Cuomo’s Proposed $137 Billion State Budget Goes Easy On Taxpayers
ALBANY, N.Y. (CBSNewYork) — Most tax payers are going to be pretty happy with the new budget plan unveiled Tuesday by Gov. Andrew Cuomo. But if you’ve got a led foot on the gas pedal — and you get caught — prepare for pain.
There will be no new taxes in Gov. Cuomo’s new budget, CBS 2’s Marcia Kramer reported.
“That is what is working for us. It’s a symbol of a new day in New York. We don’t need new taxes. I think if we went with new taxes we would seriously interrupt the progress that we’ve been making,” the governor said.
However, just because Cuomo isn’t raising big ticket taxes it doesn’t mean there’s no pain in his $137 billion budget.
Drivers who like to treat streets and highways like the Indy 500 and get caught speeding will find they won’t be able to find a friendly judge to plea bargain the ticket down to reduce points on their license or keep their insurance from going up. Cuomo said he can collect $58 million from legislation to order judges to curb plea bargaining except in limited circumstances.
The governor also wants to:
* Suspend your driver’s license if you owe more than $10,000 in back taxes
* Raise tuition at the state and city universities by $300
* Prevent New York City from collecting its share of $611 million in new school aid unless it enacts a teacher evaluation plan by September
* Spend $36 million to implement new gun restrictions, including re-certification of all pistol licenses every five years and registration of the estimated 1 million assault rifles in New York.
* Make the Department of Motor Vehicles more user friendly, limiting waits to just 30 minutes by next year
Cuomo also wants companies to pay their workers more.
“Increase the minimum wage because it’s fair from $7.25 to $8.75. Total wages would increase by $1 billion, with more disposable income workers will spend more and sales tax will increase,” Cuomo said.
The governor also has plans to spend an estimated $30 billion in federal aid for Hurricane Sandy victims. He said he would allocate $2 billion of that the to “harden” the infrastructure of the power grid to eliminate the blackouts of up to 21 days that followed the storm.
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