President-elect Donald Trump expressed strong opposition to Governor Kathy Hochul's renewed congestion pricing plan for vehicles in New York City, labeling it the 'most regressive tax known to womankind.' The Democratic governor's proposal includes a $9 toll, a reduction from the previously suggested $15 fee that faced significant backlash from the middle and working classes.
'I have great respect for the Governor of New York, Kathy Hochul, and look forward to working with her to Make New York and America Great Again. But I strongly disagree with the decision on the congestion tax,' Trump stated. He argued that such a tax has never been effective, especially in cities recovering from challenging times, and would disadvantage New York City compared to other cities and states, potentially causing businesses to relocate.
Trump, known for his populist stance advocating tax breaks for workers and retirees, emphasized that it would be those struggling financially who would bear the brunt of this tax. 'Not only is this a massive tax to people coming in, it is extremely inconvenient from both driving and personal booking keeping standards. It will be virtually impossible for New York City to come back as long as the congestion tax is in effect,' he said. 'It will hurt workers, families, and businesses, but in particular, anything to do with jobs. It is the most regressive tax known to womankind (man!).'
Despite their past differences, Trump and Hochul had a cordial conversation following his election victory. Hochul holds the power to pardon Trump for his May conviction on 34 counts of falsifying business records, should the judge not dismiss the case before sentencing.
Trump's tax reform plans include eliminating the $10,000 State and Local Tax (SALT) federal tax deduction, which particularly affects New Yorkers, as well as removing taxes on tips, overtime, and Social Security benefits. Hochul's updated congestion pricing plan aims to mitigate some concerns about its impact on lower-income individuals, though its implementation remains challenging.
Hochul's revised plan offers a 50% discount for those earning less than $50,000 a year, available after 10 trips in any month under a Low-Income Discount Plan. She presented this plan as a more affordable option compared to its predecessor, stating, 'This lower toll will save daily commuters nearly $1,500 annually, and that kind of money makes a big difference for our families.'
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