Cuomo Announces Temporary Tax On High-Earning New Yorkers To Be Extended

[WestVirginiaRebel]

CBS New York:

NEW YORK (CBSNewYork/AP) — There was double talk from Gov. Andrew Cuomo on Thursday, as he reversed positions on particular aspects of New York’s gun law and taxes.

As CBS 2’s Marcia Kramer reported, Cuomo tried to sell a tax “hike” as a tax “cut.”

Changes in the state’s tough new gun law haven’t been written into law yet, but Albany political sources told Kramer that they will happen, eating away at the law even before it goes into effect next month.

“They may or may not come to fruition,” Cuomo said.

Instead of the seven-bullet limit on gun magazines, the changes are expected to allow 10-bullet clips, which, sources said, can be used at shooting ranges. Gun owners would then be on the honor system to put only seven bullets in the clip.

“There is no such thing as a seven-bullet magazine. That doesn’t exist, so you really have no practical option,” Cuomo said on Wednesday.

But that’s not Cuomo’s only pull back.

“This state has no future if it is going to be the tax capital of the nation,” Cuomo during his inauguration.

Cuomo then passed a supposedly temporary tax on high-earning New Yorkers that was due to end next year, but now, CBS 2’s Marcia Kramer reported Thursday, that’s not going to happen.

“There will be an extension of the surcharge set to expire next year,” Cuomo said Thursday.

And when asked at if that wasn’t hypocritical, given his prior no-new-taxes positions, Cuomo tried to paint the tax hike as a tax cut, since the budget also provides the middle class with a $350 child tax rebate.

“Some taxes go up, yes, and others go down and the net is they go down. That’s why it’s a tax cut,” Cuomo said.

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Uh, okay...