March 4, 2013
Senate Republicans are pushing for middle class tax breaks in the new state budget, including a return to the STAR property tax rebate checks curtailed in 2009.
Senate GOP Leader Dean Skelos wants to increase the tax break for dependents and the child tax credit , and return to the rebate checks for home owners part of the STAR property tax program. He says the average family of four could end up with $1000 more dollars each year.
“It always seems that middle income family is the family that is getting choked in this state ,” Skelos said.
Senate Republicans say the money could come from Governor Cuomo’s $2.5 billion dollar pool of discretionary funds. The governor has said he’s set that money aside for economic development and education programs.
The leader of the Independent Democratic Conference, Senator Jeff Klein, who co leads the Staten in a coalition government with the Republicans, says he supports a return of the STAR rebate checks, and middle class tax breaks.
“Any way that we could put more money back into the pockets of New Yorkers is something that I support,” Klein said.
But Senator Klein says the “devil is in the details” on how the tax cuts would be financed.