Nov 27, 2007

Jack Kenny on Giuliani's tax cut record

Giuliani is on more solid ground when talking about the 23 tax cuts during his eight years as mayor, but even there the road is a little slippery. To get to 23, he counts some tax cuts passed over his strenuous opposition. "The largest and most economically potent tax cut of the Giuliani era," noted Ed McMahon of the Manhattan Institute, "was the elimination of a 12.5 % income tax surcharge – pushed by then-Council Speaker Peter Vallone over strong mayoral opposition." When the City Council reversed a partial repeal of another surtax after only a year, the mayor’s protest was "uncharacteristically muted," McMahon observed in an August 6 op ed piece in the New York Daily News. The "mute" button was off, however, when Giuliani loudly and vigorously opposed the Legislature’s repeal of the city commuter tax.

~ Jack Kenny, "Saint Rudolph and the Dragon Lady,", November 27, 2007

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