Andrew Cuomo: “The state cannot raise taxes on corporations all throughout…”

“Do you think that corporations can swim across the Hudson? Because they're going to try. And his program would require all city funding because his state funding proposal would never materialize. The state cannot raise taxes on corporations all throughout the state on the condition that the revenue raised goes only to New York City. A Buffalo legislature cannot vote to increase taxes on Buffalo corporations, but the revenue is going to go to New York City.” (1:26:52–1:27:06)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.