Income inequality has increased dramatically in New York, with the top 1% seeing their incomes rise 500% while the bottom 50% saw a 13% decrease. The state has lost over 500,000 jobs and poverty has increased while salaries in business and finance have risen over 17%. Meanwhile, the state budget has cut services for schools, transportation, and the poor while also cutting taxes for the rich. Groups are advocating for fair tax reforms, investments in jobs, schools and services, and a state government that works for all New Yorkers rather than just the top 1%.

1. www.99PercentNY.org
@99PercentNY facebook.com/99PercentNY

2. INCOME
INEQUALITY

3. New York is
in the U.S.A.
in income
inequality.
#
1 #
1

4. In the last 30 years,
the income of the top 1% of
New Yorkers has gone up
500%, while the income of
the bottom 50% has gone
down 13%.

5. 198
$2,730,973
$446,507
$16,074 $14,04550% 45% 5% 1% 50% 45% 5% 1%
20 7Average income for
groups in New York in
the Mario Cuomo era.
Average income for
groups in New York in
the Andrew Cuomo era.
(Inflation-adjusted)

6. JOBS,
INCOME &
POVERTY

7. New York has lost over
500,000jobs during the Great Recession.

8. For the bottom 50%,
incomes have dropped.
Homelessness and poverty
have soared to modern highs.
One in three New Yorkers
are poor or near-poor —
40% in New York City.

9. Food Stamp use:
up by 1.2 million people.
Health insurance coverage:
down by over 500,000 people.
Minimum wage:
hasn’t been lifted in a decade.

10. Meanwhile, salaries for
business and finance
professionals are up by
more than 17%, and
3,800 New York taxpayers
now make over $10 million
per year.

11. STATE
BUDGET & TAX
POLICIES HAVE
BEEN MAKING
THINGS WORSE

12. Albany is cutting services
and jobs for working,
middle-class and low-
income New Yorkers —
while cutting taxes for the
very rich.

13. FOR THE 99%
Schools CUT
Local governments, first
responders
CUT
Human services, homeless
services & non-profits
CUT
Colleges & Universities TUITION HIKED,
PROGRAMS CUT
Public transportation FARES HIKED,
SERVICES CUT

14. A big new tax cut for the
rich — right when the rest
of us are getting crushed.
FOR THE 1%
Income Taxes CUT BY
$3 BILLION

15. WE NEED A STATE
GOVERNMENT
THAT WORKS
FOR THE 99%

16. WORKING & FIGHTING
TOGETHER:
COMMUNITY
LABOR
STUDENTS
FAITH
OCCUPY

17. OUR FIRST (PARTIAL) VICTORY:
DECEMBER 2011
“TAX REFORM” PACKAGE
Creates jobs
Cuts middle-class taxes
Adds a new Millionaires Tax
Provides $2 billion for better budgets

18. FAIR TAXES,
FAIR BUDGETS
& REAL JOB
CREATION.

19. FAIR-SHARE TAX REFORMS
Progressive tax brackets for high-earners
Eliminate corporate tax loopholes and
illegal tax avoidance, prosecute tax fraud
Stop tax subsidies for big banks &
corporations that don’t keep their
promises on job creation

20. FAIR BUDGETS & REAL JOB
CREATION
Investments in schools, services and
infrastructure our state needs to prosper
Investments that create jobs and produce
broad public benefit
An effective and dignified safety net that
protects vulnerable New Yorkers

21. STATE GOVERNMENT WILL
WORK BETTER IF IT WORKS
FOR THE 99%
Broad public support for Millionaires Tax
and fair budgets
No more special deals for big banks and the 1%
New Yorkers can trust government — if it
works for them

22. www.99PercentNY.org
Source material from:
Center for Working
Families
Fiscal Policy Institute New Yorkers for
Fiscal Fairness
Strong Economy
for All Coalition