Governor Cuomo - tax and spend

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He might be a decent leader if he was not so addicted to spending other people's money. New York State is suffering a major medical crisis as they were not prepared for the pandemic. Now, Gov. Cuomo wants to make it even more expensive for Hospitals to build new facilities there. From the New York Post:

Cuomo proposes 3 percent tax on new medical facilities
Many health care firms looking to erect new medical facilities face a fat tax hike under Gov. Andrew Cuomo’s $178-billion budget plan.

The proposal will slap health care providers with a new 3 percent surcharge — on top of the current .55 percent fee — to win Albany’s OK to construct new hospital facilities, nursing homes, diagnostic treatment centers, ambulatory surgery centers and other clinics

Cuomo is trying to close a projected $6 billion shortfall in his spending plan, and the proposal is an effort to generate $70 million in revenue.

Gee - if the Governor is looking to close a spending shortfall, why doesn't he do what the rest of us do and not spend as much. Common sense.

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This page contains a single entry by DaveH published on April 7, 2020 3:05 PM.

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