ALBANY — There could be a fracture in state Republicans’ opposition to the “millionaires tax.”
And it hinges on hydrofracking.
The state Senate’s second-in-command said yesterday he could support keeping high state income taxes on seven-figure earners if his upstate district doesn’t get some fiscal relief.
Deputy Senate Majority Leader Thomas Libous (R-Binghamton) said he opposes the so-called millionaires tax “right now.”
But “I’ve got a hurting community, and if my community needs revenue, I’m going to have to make decisions that maybe are out of the box for me,” he said on Albany’s Talk 1300 radio.
“If my community, that is ravaged right now, cannot get natural-gas drilling, cannot get what it needs, then the possibility would be to look at any option available.”