Tuesday, October 21, 2014

Andrew Cuomo's Success on Taxes (Celina Santin)

                The current governor, Andrew Cuomo has wanted since 2010 to bring New York into a
financial Renaissance due to the lack of trust between the people and the government, and the highest
unemployment rate of 850,000 in New York since the Great Depression. Since his term as governor
began, "New York’s property taxes have been held to an average growth rate of just over two percent  during the past two years, less than half the rate of growth over the previous ten years.  And with the Governor’s recently enacted tax plan, homeowners will have their property taxes frozen and then cut over the next few years. New Yorkers are now paying the lowest middle class income tax rate since 1953.   And to create jobs, the State has the lowest corporate tax rate since 1968 and the lowest manufacturer’s tax rate (zero) since 1917." (Andrew Cuomo). He has truly tried to make his state better, employment rates have gone up, as well, and people have been earning more money and having new jobs. Also, tax rates being lowered have augmented to the amount homeowners which is truly helping the community. 



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