Group rallies for extension of NY 'millionaire's tax'

A group of protesters rallied today in Hicksville against the expiration of the state's "millionaire tax," a surcharge aimed at residents who make more than

HICKSVILLE - A group of protesters rallied today in Hicksville against the expiration of the state's "millionaire tax," a surcharge aimed at residents who make more than $250,000.

"We don't want millions or billions of your money, we just want a little bit more to help our kids," says Amparo Sadler, of Central Islip.

Standing in the way of renewing the surcharge are Gov. Andrew Cuomo (D-N.Y.) and his fiscal ally, the Republican majority of the state Senate. Cuomo says taxing wealthier New Yorkers at higher levels would likely send the rich to Connecticut and New Jersey, taking their income tax revenue and jobs with them.

The tax is set to expire Dec. 31.

Information from the Associated Press was used in this report. NY lawmakers approve tax cap

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