Reilich: $164M In Extra Revenue Should Be Put Toward Middle Class, Not Political Hand Outs

Statement from Assemblyman Bill Reilich (R,C,I-Greece)

March 22, 2012

If the New York state comptroller is correct in forecasting a surplus of $164 million this year, the middle class, who have been largely ignored by Albany and New York City leaders, should get a tax cut to help their bottom line. Other options that I would readily and happily support are mandate relief for localities, and school aid distributions for struggling school districts.

Year after year, the middle class have been hit with rising costs, increased property taxes, and have been expected to carry most of the financial burden in this state, all while receiving no relief. I firmly believe that getting New York back on the right track is a two-prong approach. We desperately need to provide financial relief to our struggling citizens by way of tax cuts. However, equally important are increased efforts to reduce our overall spending; I believe both are essential in restoring New York to the true Empire State it once was. This surplus, if applied properly, could be a great first step in easing the burdens on our taxpayers.

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