Assemblyman Michael Cusick (D-Mid Island), Assemblywoman Janele Hyer-Spencer (D-East Shore/Brooklyn) and Assemblyman Matt Titone (D-North Shore) are criticizing Governor Paterson’s budget proposal that would leave New Yorkers waiting for months instead of days for their tax refunds.
“Hardworking families who pay their taxes on time deserve to get their refunds as soon as possible,” Cusick said. “This ill-conceived plan will freeze money that Staten Islanders need in their pockets now and worsen our state’s economic problems.”
Under the governor’s plan, New Yorkers who file their taxes electronically will have to wait until the next fiscal year to receive their tax refunds, a move that will delay the return of more than $500 million. Also, the governor has frozen $200 million in business tax refunds, which will hamper already struggling businesses and prevent them from hiring new employees.
“Right now we need to get New Yorkers back to work, and that means we need to help small businesses grow and prosper,” Titone said. “The governor’s proposal would tie the hands of small businesses and force our economy further in the wrong direction.”
“Like families across Staten Island, New York State needs to tighten its budget, but this plan is simply a gimmick,” Hyer-Spencer said. “Overpayments belong to the taxpayer, not to the state to use as an interest-free loan. To close our budget gap we need to look at real reforms and waste-reducing measures instead of pushing our problems into the future.”