Stewart-Cousins eyes ‘progressive taxation’ push
With help from Molly Reinmann HAPPY TUESDAY. This is Nick Reisman in Albany. Massive Democratic majorities are returning to Albany in January, giving a boost to the tax-the-rich forces. I’ve got new reporting on that dynamic. Plus my colleague has the details on a New York City Council hearing next month on student sexual assault. Have news tips or just want to share what’s on your mind? Reach me at nreisman@politico.com . Driving The Day A MASSIVE MAJORITY : Legislative Democrats will come roaring back to Albany next year with turbocharged majorities in the state Senate and Assembly. They intend to use that refreshed mandate to major effect — especially when it comes to pursuing what Senate Majority Leader Andrea Stewart-Cousins called “progressive taxation.” “We’ve always looked at the ability of those with extraordinary wealth to be able to pay more, do more,” she told Playbook in an interview Monday. “That’s been something that our conference has talked about.” What those proposals will look like won’t be clear for months. But if the past is any guide , the Democrat-dominated Legislature will likely seek a suite of income tax hikes on the richest New Yorkers — changes designed to generate
