Senate Majority Leader John Flanagan on Tuesday signaled his conference was opposed to the adoption of a statewide payroll tax, a move Gov. Andrew Cuomo last week suggested was a potential way of working around the $10,000 cap on state and local tax deductions contained in the federal tax law.

“I don’t like the payroll tax at all,” Flanagan said at a news conference unveiling his conference’s 2018 tax cut proposals. “I haven’t met one of my colleagues who likes the payroll tax.”

Flanagan and the Senate GOP unveiled a package of tax cuts that would reduce energy and utility taxes and strengthen property tax rebates for older homeowners. It’s not clear how Flanagan intends to pay for these cuts amid a $4 billion deficit.

At the same time, Flanagan is renewing calls to cap property taxes

“We actually believe the more you create jobs, the more it alleviates those concerns,” Flanagan said. “I think we can pay for these by doing things the right way.”

Cuomo is expected to unveil his own budget proposal by the end of the month that could include more details on his plan to restructure the state’s tax code. Currently the state receives most of its revenue from the personal income tax. Cuomo has suggested the state would shift to a payroll tax structure in response to a federal tax law that he has decried as unfairly impacting high tax states like New York.

The budget contours in the new legislative session are tricky. Lawmakers, including Flanagan, are insisting money for schools and health care — the two most expensive items in the state’s spending plan.

Flanagan, also, was optimistic more revenue would come in from the state’s financial sector and boost revenue.

“We’re going to continue to make investments in education and health care and I’m almost confident that Wall Street doing as well as it is,” he said, “we’re going to see enhanced revenues in the state of New York.”