The so-called millionaires tax on New York's top wage earners is set to expire at the end of the year, even as the state struggles to balance its books. A poll released Thursday shows that New Yorkers favor extending the tax by more than 2 to 1.
But the millionaires tax also has its opponents, including the state's popular and powerful governor, Democrat Andrew Cuomo.
John Samuelsen, president of New York City's transit workers union, called on lawmakers to extend the millionaires tax during a rally this week outside City Hall in Manhattan.
U.S. stocks had one of their best days in weeks Thursday: The Dow jumped nearly 3 percent and prices in Europe went through the roof. The surge came after the announcement that European leaders finally agreed on a comprehensive plan to tackle their debt problems. Does the rally mean investors think the crisis is over?
ARI SHAPIRO, host: And, of course, this crisis stretches far beyond Greece. French President Nicolas Sarkozy went on national television last night to explain his country's part of the deal. He said the French people must expect further belt-tightening measures. Eleanor Beardsley reports that it was a chance for Sarkozy to assert control just six months ahead of a presidential election.
ARI SHAPIRO, host: This is MORNING EDITION from NPR News. I'm Ari Shapiro. Renee Montagne and Steve Inskeep are away. In Oakland, California, protestors with the Occupy Wall Street movement continue to stand vigil in a downtown plaza in front of City Hall. This week, police fired teargas and bean bags at protestors. The incident is under investigation, and NPR's Carrie Kahn reports that the confrontation has reignited criticism of the Oakland police.
CARRIE KAHN: In the downtown park in front of City Hall, the protestors have changed their tune.
"What if" — two words that ignite the plot of Roland Emmerich's new movie Anonymous, which conjures up an Elizabethan England rife with dark motivations, political maneuverings and bold conspiracy, and dares to imagine a different identity for the world's most celebrated playwright. John Orloff wrote the screenplay for the movie, which starts with the premise that Shakespeare didn't write Shakespeare.