Tax Reform Victory! What’s next?
by Nikki Jones
Nikki Jones, Communications Director of AQE
This month’s tax reform agreement is a milestone in the fight to ensure that all students are given the opportunity to learn and are prepared for college and careers. Along with grassroots organizations, parents, students, educators, community members, and of course Occupiers, we affected a change to New York State’s tax structure.
Without the tax reform, we would have lost a total of $4.5 billion in revenue when the current Millionaires’ Tax expires on December 31. While the new plan doesn’t match the revenue of the Millionaires’ Tax, it will create an additional $2 billion by creating new income brackets and tax rates.
Personal income tax reform is a step in the right direction for fairness but students are still in schools with
