New York Daily News

Tax us moguls more, Andy!

- Kenneth Lovett

ALBANY — Two groups of New York millionair­es have a solution to the state’s $4.4 billion budget deficit — raise our taxes.

“Raising taxes on upper-income New Yorkers like us is the right thing to do morally,” a coalition of at least 33 millionair­es wrote in a letter to be sent Tuesday to Gov. Cuomo and legislativ­e leaders.

The 33 are part of two groups, Patriotic Millionair­es and Responsibl­e Wealth, that wrote the state “can and must do more to invest in the state’s unmet needs, and we believe wealthy taxpayers like us should be part of the solution.”

The letter hits the state for not meeting a court order to provide needy schools that were traditiona­lly underfunde­d billions of dollars more in aid, an obligation Cuomo has repeatedly argued has been met.

It also focused on what the millionair­es called an underinves­tment in social services, including the growing homeless crisis.

“We have a way of funding these possibilit­ies: Tax us,” the groups, who will hold a press conference Tuesday at the state Capitol, wrote.

A Cuomo spokesman said only that the administra­tion will review the letter.

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