Bill de Blasio slams Joe Lhota tax plan as a $2B giveaway to the rich

[cali]

Corporations and wealthy individuals would gain more than $2 billion in tax breaks under Joe Lhota’s economic plan, Bill de Blasio said Sunday.

The Democratic mayoral front-runner accused his Republican rival of seeking to get “more tax breaks for corporations and wealthy individuals” by eliminating many levies.

The debate stems from a policy paper Lhota quietly issued in September that calls for slowly eliminating the commercial rent tax, cutting the hotel room tax and general corporation tax, and giving tax deals to expanding businesses.

Lhota, a former city budget director, has defended his plan, saying it would create jobs, but de Blasio bashed it.

Read more: http://www.nydailynews.com/news/election/de-blasio-tax-slam-lhota-article-1.1484368#ixzz2hhAyVAhU