Juanita Lewis, executive director of Community Voices Heard, told City & State the money secured through the corporate tax two years ago helped grant relief to New Yorkers but only scratched the surface. “Now there's another opportunity to do that. Even though the money we did get a couple of years ago was good and helpful at that time, it wasn't enough to meet the need New Yorkers are still facing,” Lewis said.
Lewis also pointed to high inflation rates as another reason behind the growing momentum of taxing the wealthy. “The moment that we’re in: We’re seeing the rising cost of goods happening and the ultra-wealthy continue to get wealthier, while New Yorkers are really feeling the brunt of that,” Lewis said.