WSJ: Tax the Rich? Really, New York?

New York Gov. Andrew Cuomo reneged on his plan to end the state’s millionaire tax, and the editors of The Wall Street Journal are predictably incensed. In an editorial dripping with contempt, the paper lashes out at those to blame. “The people who were really kidding themselves are voters who thought Mr. Cuomo believed what he said,” the editors write. “Equally worthy of scorn are the Republicans who run the state Senate who buckled under union pressure because they don't have many millionaires in their rural districts. New York's GOP is essentially worthless.”