However, polling has shown that a large majority of New Yorkers support increasing taxes on the wealthiest residents, such as increasing income taxes for the highest earners, in order to fund state projects. Many lawmakers have pushed for new and increased taxes on the wealthy and corporations to increase revenue for everything from transportation to the migrant crisis. “We should be taxing the rich so that we can provide every single child in New York State with a sound education starting with universal child care,” state Sen. Jessica Ramos said of Hochul’s adamant opposition to raising taxes. Ramos sponsors one of the bills that makes up the Invest in Our New York Act that would impose new taxes on high earners and corporations.
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