de Blasio: Taxing New York’s wealthy won’t kill them

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Mayor Bill de Blasio didn’t back down Wednesday on the taxation of wealthy millionaires and billionaires as an aid in the city’s COVID-19 recovery, which was outlined in the state’s budget that passed Tuesday.

“The legislature led the budget process,” said de Blasio, speaking about Governor Andrew Cuomo’s absence in negotiations. 

“[Assembly Speaker] Carl Heastie and [state Senate Majority Leader] Andrea Stewart-Cousins led this process and it’s no surprise as a result that we got the best budget we’ve ever seen. I think very highly of both of them. I think they provide extraordinary leadership. I think they listen to the people, they listen to the grassroots, and look, it’s clearly a budget for working people, not a budget for elites,” said de Blasio in his morning briefing.