The Democratic Party Platform's Missing Plank
In the states where America's wealthy congregate, politicians can't seem to see any wealthy people when the time comes to decide who to tax.
August 11, 2008
By Sam Pizzigati
Governors don’t usually deliver primetime TV addresses. That’s something Presidents do. But late last month New York Gov. David Patterson did take to primetime — to declare a state budget “crisis” and call lawmakers back to Albany for a special session.
New Yorkers, pollsters announced last week, share the governor’s unease. A whopping 86 percent agree that the state has a fiscal crisis. New Yorkers also agree on a solution: tax the rich. By a 78 to 18 percent margin, New Yorkers favor hiking taxes on households that make over $1 million a year.
State taxesThose households currently abound in the Empire State. New IRS statistics, released July 31, show that New York has the nation’s most top-heavy distribution of income in the entire United States.