Discover and read the best of Twitter Threads about #investinourny

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New for @HuffPost: How New York progressives raised taxes on the rich to up public school funding, provide emergency rental assistance, and give unemployment benefits to undocumented immigrants.

It took a decade to defy Cuomo's opposition to tax hikes: huffpost.com/entry/new-york…
This story is a sequel to my January piece looking at the comparatively conservative fiscal policy of blue states in contrast with their leaders' rhetoric.

At the time, Cuomo was holding the line against tax hikes: huffpost.com/entry/budget-c…
How much has Cuomo been forced to change his tune since first taking office in 2011?

Back then, he compared his insistence on letting a millionaire's tax expire, despite the tax's popularity, to his father's principled opposition to the death penalty: nytimes.com/2011/10/18/nyr…
Read 12 tweets
MLK said "of all the forms of inequality, injustice in healthcare is most shocking and inhumane." COVID exposed this inhumanity. We need to stand up against decades of austerity - Judy Sheridan-Gonzalez, President of @nynurses
The narrative and agenda has to change. Political leaders and union leaders have to change. We saw this with Sandy. We are seeing this with COVID. Many deaths are unnecessary if our commitment to the public is genuine. #InvestInOurNY @nynurses
After decades of budget cuts, the cupboards were bare. The PPE was not there when we needed them. The staff was not there!
Read 4 tweets
There's a lot of talk about how the rich will flee if we end preferential tax treatment for accrued wealth, super high incomes and record corporate profits.

This is wrong, on the facts and its moral vision. It's working class folks who get forced out the city, not the wealthy.
There are exhaustive studies on this. Federal tax returns reveal that only 2.4% of US-based millionaires change their state of residence in any given year.

The poor, meanwhile, are nearly twice as likely to move to a new state than the rich.
sup.org/books/title/?i…
New York has lost a million jobs, half of them in NYC. These losses have been concentrated in low-wage sectors and communities of color.

And if we don't close the budget gap, there will be tens of thousands of public sector layoffs. These are the folks who will leave.
Read 5 tweets

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