New York State Governor Cuomo: State Is In Dire Financial Need

As the entire state of New York continues its lock down for New York City and their coronavirus struggles, the state budget continues to collapse. More news came out of how bad it is when a story broke that nurses and doctors who came to the state to help the city during their outbreak will be taxed heavily by New York rates.

Health care workers that came to New York to help fight the coronavirus pandemic at its epicenter will have to pay state taxes, according to the governor.

He addressed the issues Tuesday at a news conference.

“We’re not in a position to provide any subsidies right now because we have a $13 billion deficit,” Gov. Andrew Cuomo said. “So there’s a lot of good things I’d like to do, and if we get federal funding, we can do, but it would be irresponsible for me to sit here looking at a $13 billion deficit and say I’m gonna spend more money, when I can’t even pay the essential services.”

Even though the state government asked thousands of people to come to New York from out of state to help fight coronavirus, they will have to pay New York state taxes, even on income they might make from their home states that they’re paid while in New York.

Cuomo said he needs help from Washington in order to cover budget deficits from COVID-19, let alone subsidize state income tax for essential workers that flocked to New York’s aid.

“If we don’t get more money from Washington, we can’t fund schools, right, so at the rate we want to fund them. We are in dire financial need,” he said.

Source: PIX 11

Published by Hoosier Econ

Located out of Central Indiana. Blogger of economics, politics and societal trends.

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