Blakeman: I'll dip into $3.8B Hochul 'slush fund' to lower NY taxes
New York Post • • nation
Key Points:
- Republican gubernatorial front-runner Bruce Blakeman proposes using New York's $3.8 billion state discretionary fund for immediate tax relief, criticizing Gov. Kathy Hochul for treating it as a "secret slush fund."
- Blakeman suggests tapping into the larger $9.2 billion "rainy-day reserve" for genuine emergency needs, aiming to lower taxes and utility costs for New Yorkers.
- He promises to implement significant tax cuts within his first 100 days, including a 10% income-tax reduction for individuals earning under $250,000 and eliminating state income tax on the initial $50,000 for singles and $100,000 for joint filers.
- Hochul's campaign counters by highlighting Blakeman's record of increasing costs for families, including raising property taxes and supporting tariffs, while declining to detail the governor's use of the reserve fund.
- Blakeman's campaign emphasizes his focus on making New York safer and more affordable through historic financial relief measures for residents.
