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Despite pressure from his left, Cuomo resists calls for tax hikes

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Cuomo, whose spokespeople would not give a clear answer about whether he will attempt to renew the millionaire’s tax if he is reelected, has mocked Nixon’s plan. John Brooks told POLITICO that because of deductibility limits in the new federal tax law, the state was "not in a position [to be] entertaining any additional taxes. She noted the elimination of the state’s dedicated bank tax and a roll back of manufacturing and estate taxes

She argued that a tax hike would lead high-income individuals move to other states, like Florida, that don’t have state income taxes.

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