Written by Senator Jack Martins Friday, 16 December 2011 00:00
Score a big one for common sense. I’m writing to you from Albany because I have some great news. All our hard work has paid off. As of last night New York State has passed a historic $3.3 billion middle-class tax cut and job creation bill.
The far-reaching plan reduces taxes for more than 4 million New Yorkers to the lowest point in more than 50 years and it eliminates the job-killing MTA payroll tax for 78 percent of those who currently pay it. It further stimulates job growth by providing tax credits for hiring young people and by investing heavily in rebuilding New York’s decaying infrastructure. Simply put, it puts jobs and money back into the hands of working people who can dig us out of this recession.
The naysayers said it couldn’t be done, that New York would never reduce taxes but we found a way – part of a year of significant firsts for New York. Working with Governor Cuomo we passed an on-time budget that erased a $10 billion deficit, instituted a property tax cap, established mandate relief and now have even lowered income taxes for millions of New Yorkers. We’re working hard to make New York a place everyday people move to instead of away from.
To be sure, there’s still much to do. Albany is certainly a work in progress but I can wholeheartedly say that New York is getting better and stronger every day. In the past Albany’s “solutions” meant throwing obscene amounts of money at broken systems, running up deficits, and trying to keep taxpayers in the dark. This kind of nonsense would have gone on indefinitely, but no more, thanks to involved citizens like you.
Truly, the best thing to come out of this bill is the knowledge that we absolutely can fix Albany. We can right the wrongs, amend broken legislation and find a place for common sense. I know that there are even better days ahead for our great state and that together we’ll make them happen.
Thank you for having fought these fights with me. I appreciate your trust and will do my best to keep earning it.