Cuomo Proposes New York Tax Overhaul, Infrastructure Fund
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New York Governor Andrew Cuomo wants to overhaul the state’s tax system, use public-private partnerships to fix infrastructure and legalize gambling as he faces a deficit of as much as $3.5 billion next fiscal year.
“The state’s deficit is only a symptom and as governor, I want to address the illness,” Cuomo wrote in an opinion article e-mailed to media outlets yesterday. “The essential problem we face is a struggling economy.”