In this Tuesday, July 7, 2015, file photo, the Statue of Liberty stands in New York harbor with the New York City skyline in the background. (AP Photo/Kathy Willens, File)
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A group of more than 40 millionaires in New York state has written to Democratic Gov. Andrew Cuomo and top lawmakers calling on them to consider raising taxes on the state's wealthiest residents to help address poverty and rebuild failing infrastructure.The tax plan, known as the one-percent tax plan, was worked out in conjunction with the Fiscal Policy Institute, a left-leaning economic think tank.Under the one-percent plan, the 8.82 rate would apply to anyone making $1 million to $2 million, and higher rates of 9.35 percent, 9.65 percent and 9.99 percent would apply to those making $2 million to $10 million, $10 million to $100 million and more than $100 million, respectively.An existing, lower tax on millionaires is set to expire next year.
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