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Blakeman Proposes Sweeping Income‑Tax Cut That Would Erase Levies For Millions

A roughly $35 billion price tag means the plan must win legislative approval to alter core funding for Medicaid, schools and other services.

Overview

  • Republican nominee Bruce Blakeman unveiled the proposal Tuesday, saying it would exempt the first $50,000 for single filers and $100,000 for married couples and lower middle‑income rates to about 4%.
  • His campaign estimates the package would reduce state revenue by roughly $35 billion but has not provided a detailed plan for replacing that money or for rates on the state’s highest earners.
  • Gov. Kathy Hochul’s campaign immediately criticized Blakeman’s fiscal credibility and cited his past local property‑tax votes while defending the administration’s record on targeted relief.
  • Passage would require approval from the New York State Legislature and experts note that shrinking the personal income tax would force either deep cuts to Medicaid and education or new revenue sources.
  • Coverage varies by outlet with conservative sources emphasizing household savings and competitiveness with low‑tax states while broadcast and centrist outlets stress missing fiscal details and the political hurdle in Albany.