Opinion: Democrats claim they can fund their profligate spending by taxing the rich, but affluent New Yorkers are now fleeing to other states
Democrats now control New York’s entire state government, and on Sunday Gov. Andrew Cuomo signed off on a $175.5 billion budget he described as “probably the broadest, most sweeping state plan that we have done.” He certainly spares no taxpayer.
Mr. Cuomo brags about limiting increases in operating-fund spending to a modest 2%. But in February Comptroller Thomas DiNapoli noted that Mr. Cuomo’s numbers are “a less meaningful gauge of spending levels and trends,” given how the Governor has repeatedly shifted spending off-budget,...
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