Last week, Governor Paterson gave his State of the State address, which contained no clear plan to pull New York out of its current fiscal crisis. His plan is inherently flawed as it relies on the taxpayers to bear the financial burden in the way of new or increased taxes and fees. The governorís 137 tax and fee hikes - on everything from non-diet soda to digital music downloads - would cost the average New York family $3,875.48 annually. The correct approach in bringing New York back to a time of fiscal stability is to reduce state spending, not by raising taxes and creating new fees that will only continue to hurt the checkbooks of every New Yorker.
To the governorís credit, I was pleased with his dedication to energy efficiency and alternative energy. I support his call for the Public Service Commission to provide financing methods to help New Yorkers invest in energy efficiency and renewable energy. The governor also mentioned his goal of having New York meet 45% of its electricity needs through improved energy efficiency by 2015. This is so important because the combination of a poor economy and the skyrocketing price of energy are devastating.
As one of the first supporters of the real property tax cap, I was happy to see the governorís continued support of passing the cap. I encourage Governor Paterson to submit the tax cap as a 30-day amendment to his 2009-10 Executive Budget.
During this new legislative session, I will diligently work with the governor as well as my colleagues on both sides of the aisle to pass a budget that will ease the tax burden for all Long Island residents.