NY Black, Puerto Rican, Hispanic and Asian Caucus unveils budget priorities

"In terms of revenue, in addition to the increasing taxes on millionaires, the caucus is also planning to fight to reform the estate tax, implement a tax on inherited income, impose a new capital gains tax and create a tax on ammunition, something that Gov. Kathy Hochul proposed in 2022. The caucus also included the creation of a universal basic income program pilot."

You can read the full City & State article here.