Gov.-elect Cuomo vows to not raise taxes
(AP) - Gov.-elect Andrew Cuomo (D-N.Y.) insists hewill not raise taxes to cover the state's budget shortfall and willmake cuts to health care and education instead. Cuomo and outgoing Gov. David Paterson (D-N.Y.) spoke to reporters aftertheir first sit-down meeting since Cuomo defeated Republican CarlPaladino in last week's midterm elections. During the campaign, Cuomo said he wouldn't raise New York'salready-high taxes as governor. He said doing so would thwart jobdevelopment and drive residents out of the state. He reiterated thepoint Tuesday, saying even New York's wealthiest residents payplenty of taxes and might move away if pressed for more. Paterson said he and Cuomo were friends, despite efforts byCuomo and his political team to ease Paterson out of the race.To watch the entire news conference, go to Channel 612 on your iO digital cable box and select iO Extra.
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