Talk at the Capitol buzzed about a possible revamping of the tax code that could be proposed by Gov. Andrew Cuomo, thanks to a Wall Street Journal piece today. Cuomo did little to deny that he was looknig at the tax code changes, which could mean an increase on the wealthy (the governor did say the piece was “breathless” in its reporting).

Cuomo raised the idea at a retreat for black and Hispanic lawmakers in Puerto Rico, Somos el Futuro. But back on Nov. 4, Liz sat down with Assemblyman Karim Camara, the chairman of the Black, Puerto Rican Hispanic and Asian Legislative Caucus, who said the idea was broached pre-Somos at a meeting in October.

Camara told her this:

“In terms of his position on restructuring tax code, I can’t say at this point. That came up,” Camara said.

“But I don’t know his official position on that. But I will say that’s something we have to consider, the restructuring of the tax code, so sagin, we’ll have a more progressive system of taxation, and we won’t have to worry about the continued deficit, sunsetting the millionaire’s tax, etc. Let’s have a progressive system…It’s not about just tax warfare, let’s tax the rich.”

Sen. Liz Krueger, D-Manhattan, too, said back on Nov. 2 there’s room to work on revamping the tax code.

Cuomo has in the past weeks talked about the tax code and the issue “fairness.” The governor left it vague today (and has apparently danced around the edges with lawmakers as well), but has framed the effort as a way to boost job growth.

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