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.
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.
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.
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.
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
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.
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.”
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.