State Senate GOP unveils new tax plan
Republican lawmakers in the state Senate on Wednesday unveiled their proposed tax plan that promises to cut taxes for the middle class.
State Senate Majority Leader John Flanagan, of Northport, and his colleagues unveiled a plan to cut taxes on the middle class by 25 percent by the year 2025.
The current tax cuts for the middle class are set to expire in 2018. That would bring the tax rate up to 6.85 percent, an average annual cost of $155 for middle-class New Yorkers.
It's currently unclear as to whether Gov. Andrew Cuomo or the Democrat-led Assembly will support the GOP's plan. News 12 reached out to Assembly Speaker Carl Heastie and several Democratic Assembly members from Long Island, but has not heard back.
Meanwhile, a spokesperson for Cuomo touted the governor's record as a tax-cutter, and said that he would review the legislation when it is released.