Critical look at Cuomo’s Start-Up NY

David Cay Johnston, winner of the Pulitzer Prize and author of best selling books on tax and economic policy, is no fan of Gov. Andrew Cuomo’s Start-Up NY program. Or the governor, for that matter.

“His new law undermines market economics and promotes corporate socialism, in which profits are privatized and costs are socialized,” Johnston writes in a piece for City Newspaper in Rochester.

“Cuomo’s plan redistributes wealth upwards, showing that he is no Democrat in the traditional sense that Democrats care about working people,” Johnston wrote. “Rather, Cuomo is part of the growing cadre of politicians whose success depends on being vetted by Wall Street and who win acceptance because they work to tax the many to benefit the already rich few.”

Johnston, a resident of Rochester, won the 2001 Pulitzer Prize for beat reporting while working for The New York Times. He has written four books; his latest is The Fine Print: How Big Companies Use “Plain English” to Rob You Blind.

Johnston, president of Investigative Reporters and Editors, was keynote speaker last October at an event hosted by Investigative Post on the state of investigative reporting.

Investigative Post Editor Jim Heaney interviewed Johnston last fall for WGRZ. Video of the complete interview and a transcript can be found here.