Silver Says He ‘Might Be’ Affected by Tax on High Earners

ALBANY—As public support for a millionaire’s tax continues to be demonstrated in the polls, I asked one of its principal proponents, Assembly Speaker Sheldon Silver, if he himself would wind up paying more in taxes if it—or other similar plans—were implemented.

“I might be affected by the lower end, rather than the higher end,” Silver said, somewhat bemused. As he walked away from the scrum that formed after he addressed a group of S.U.N.Y. advocates, he turned from the elevator and called out, “I would be happy to be affected by the higher end.”

As the speaker of the Assembly, Silver earns $120,000 plus per diem expenses. But he also is listed “of counsel” at the Manhattan firm of Weitz & Luxenberg. Ethics laws require that he publicly disclose only that makes over $1,000.

Silver Says He ‘Might Be’ Affected by Tax on High Earners