New York Governor Andrew Cuomo’s plan to let the state’s highest income-tax rate expire is opposed by fellow Democrats in the Assembly who propose to keep the top levy on those earning $1 million or more.
New York City Comptroller John Liu , who campaigned last year promising “full accountability and transparency” as chief financial watchdog in the most populous U.S. city, has refused to disclose the identities of money managers fired by the city’s $103 billion pension funds.
Governor Andrew Cuomo couldn’t get a bill aligning New York and U.S. abortion law past Republican state senate leaders. By pushing the issue in next year’s campaign, he can still come out ahead politically in Albany while burnishing his image among female voters nationwide.
New York Assembly Speaker Sheldon Silver proposed a 2 percent property-tax cap, a plan similar to the one Governor Andrew Cuomo has pushed lawmakers to pass before their session ends next month. The state’s top Republican legislator said a three-way agreement on a cap has been reached.
New York Republicans regained control of the state Senate after Jack Martins was declared the winner of a disputed race in Nassau County today by State Supreme Court Justice Ira Warshawsky, the Associated Press reported.