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Invest in Our New York

Working-class and poor, Black and brown people, the disabled, and immigrants traditionally bear the brunt of sickness and job loss. Over 1.4 million New Yorkers face eviction; 60% have lost income; 1.2 million are uninsured; 25% of NYC residents face food insecurity.

Already underfunded before the pandemic, the state is planning to slash 20% of communities' funding for healthcare, housing, and education.

All the while, New York's wealthiest have grown richer. The state’s billionaires grew $87.7 billion wealthier during the pandemic—to a total net worth of over $600 billion. The top 1% of New Yorkers have the lowest tax burden of any income bracket. Over the past decade, Gov. Cuomo cut taxes on the wealthiest New Yorkers, corporations, banks, multi-millionaires’ estates, yachts, and private jets.

It's time to pass the "Invest in Our New York" Act, a series of six bills designed to raise $50 billion in new revenue through ending tax breaks for the wealthiest New Yorkers; prevent cuts to public programs while investing in high-quality education, jobs, housing, accessibility and healthcare; ensure revenue benefits the most vulnerable, including low-income residents, communities of color, workers excluded from federal unemployment, people with disabilities, and essential workers.

The Marlborough Democratic Committee supports this bill.

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