Go Bold, Bruce Blakeman, to Win New York State
New York is in an economic death spiral. Companies and taxpayers are fleeing the state, taking their money with them.
Gubernatorial candidate Bruce Blakeman needs to go bold and offer New Yorkers real change.
Roll out a concrete plan to phase out the state income tax. It's an economy killer.
The Albany spendaholics and taxaholics in both parties will claim it can't be done.
But 68 percent of New Yorkers—regardless of their party affiliation or their age—support zeroing out the income tax, according to a Morning Consult poll done in December 2024.
Forty percent of Democrats and voters who say they lean Democratic strongly support axing the tax, while only 10 percent strongly oppose.
It's politically saleable and economically essential.
All governments need tax revenue, but taxing income is far more damaging to the economy than taxing property or sales, most economists agree. State income taxes cause companies to flee to lower-tax or zero-tax states, eroding the tax base and causing brain drain.
In January, the White House Council of Economic Advisers urged states with income taxes to phase them out "through some combination of belt-tightening and finding less damaging forms of tax collection."
Looking specifically at New York state, the CEA said phasing out the state income tax will do more than........
