OntheWilderSide

 The Green Party of NY State slammed Gov. Cuomo and the State Legislature’s proposed tax bracket reshuffling as a major tax giveaway to the wealthiest New Yorkers.  The Green Party also called for seizing the assets of the “too big to fail” banks, breaking them up, and turning them into state and community owned banks oriented towards developing the economy for the public good.

State party co-chair Howie Hawkins pointed out that a family making: 

• $50,000 a year will get less than $200 a year in tax cuts
• $100,000 a year gets less than $400 a year in tax cuts (~ $1 per day)
• $1,000,000 a year gets more than $20,000 a year in tax cuts, or $408 PER WEEK
• $1.99 million a year gets more than $40,000 a year in tax cuts

“Wall Street got us into this mess, and they’ve proven that they can’t be trusted to get us out.  It’s time for new solutions.  Occupy Wall St. has begun to show us what a grassroots, democratically run society could look like – one that doesn’t include the exploitation of capitalism or politics dominated by the elite.  It’s time to seize the “too big to fail” banks and turn them into a public good – a public utility – by transforming them into state and community, cooperatively-owned banks that can help finance our economic recovery and growth from the bottom up, instead of demanding austerity and tax cuts for the wealthy and corporations.  Wall St. and the financial industry wouldn’t be able to openly bribe officials with campaign contributions anymore.  It would be a win-win for New York’s economy and politics.  It’s abundantly clear, however, that Cuomo and the Legislature will never change – it’s time for us to Occupy New York State politics, and the Green Party is here to do just that, “stated state party co-chair Peter LaVenia.