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Jimmy Vielkind

4 Apr, 4 tweets, 2 min read

NEWS: New York Gov. Andrew Cuomo and state lawmakers are nearing a budget agreement that would increase corporate and income taxes by $4.3 billion a year and would make top earners in New York City pay the highest combined local tax rate in the country.

wsj.com/articles/new-y…

Legislators were briefed on a plan under which income-tax rates would rise to 9.65% from 8.82% for single filers reporting more than $1 million of income and joint filers reporting more than $2 million, according to people familiar with the deal.

wsj.com/articles/new-y…

The plan would also add two new tax brackets. Income over $5 million would be taxed at 10.3% and income over $25 million would be taxed at 10.9%, the people said of the plan, and the new rates would expire in 2027.

wsj.com/articles/new-y…

The tax plan was one of the last pieces of a roughly $200 billion state budget. Additional revenue would be used to increase school aid and create new funds for undocumented immigrants, small businesses and tenants who are behind on their rent.

wsj.com/articles/new-y…

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More from @JimmyVielkind

Jimmy Vielkind

@JimmyVielkind

5 Mar

EXCLUSIVE: New York Gov. Andrew Cuomo’s top advisers successfully pushed state health officials to strip a July report of data showing that more nursing-home residents had died of Covid-19 than the administration had acknowledged.

wsj.com/articles/cuomo…

Federal prosecutors in Brooklyn asked the Cuomo administration in February for information about nursing-home deaths, The Wall Street Journal has reported. Federal prosecutors expressed interest in the July DOH report, people familiar with the matter said

wsj.com/articles/cuomo…

The initial version of the report said nearly 10,000 nursing-home residents had died in New York by July last year, one of the people said.

wsj.com/articles/cuomo…

Read 4 tweets

Jimmy Vielkind

@JimmyVielkind

29 Jan

@NYGovCuomo

The first member of the Capitol press corps to be called on for a question in @NYGovCuomo's briefing (Cuomo aides choose) is @morganfmckay, who asks:
+ How does this new attribution of deaths to nursing homes affect policy?
+ Do you have confidence in DOH?
+ What about immunity?

Cuomo said he has not seen bills repealing immunity protections for health care providers, which were enacted in April as part of the state budget.

wsj.com/articles/new-y…

Cuomo: “The nursing homes were doing all this data in a hectic period. The OAG’s report also said, the data from the nursing homes is very sketchy. That’s why the department of health … has been auditing the data.”

Read 4 tweets

Jimmy Vielkind

@JimmyVielkind

11 Sep 20

@WSJ

In Worst-Hit Covid State, New York’s Cuomo Called All the Shots

As part of the @WSJ’s COVID Storm series, I spent months with @joe_palazzolo & @jacobgershman looking at how @NYGovCuomo managed the early days of the pandemic.

Here’s what we found —>

wsj.com/articles/cuomo…

Cuomo and his small team took command of the Health Dept and overrode local govs that wanted to go beyond the state’s social distancing restrictions. That delayed the New York City shutdown and slowed the reaction time as the virus spread in nursing homes.
wsj.com/articles/cuomo…

Columbia University researchers estimated that 17,514 deaths in the metropolitan area could have been avoided if officials had instituted seven days earlier each of the social-distancing measures they eventually enacted.

wsj.com/articles/cuomo…

Read 14 tweets

Jimmy Vielkind

@JimmyVielkind

9 Mar 20

@NYGovCuomo

Happy Monday

@NYGovCuomo just announced New York State has developed its own line of hand sanitizer.

It’s being produced by prison inmates. NY’s is 75%. Cuomo says we’re making 100,000 gallons per week.

Andrew Cuomo says there is a “floral bouquet” scent to the NYS hand sanitizer. He says this is much cheaper than other hand sanitizers on the market.

And if there’s price gouging, Cuomo WILL release this onto eBay and Amazon.

I don’t know if he’s joking or not.