The nearly $7.4 billion education proposal unveiled Wednesday by Democratic gubernatorial candidate Cynthia Nixon would be paid for with a tax hike on upper income earners and corporations, starting with those who make $300,000 and above.

Overall, the income tax hike alone would generate $5.5 billion in additional revenue, with the money going to an infusion of aid for schools, especially those that Nixon contends have been left behind by the state’s existing education funding policies.

“In addition to being underfunded, schools that serve communities of color have become increasingly criminalized,” the Nixon campaign said in a statement. “Some children now come into contact with the law at a very young age in school, where suspensions for children of color are inordinately high and police are often inappropriately involved for infractions that should be addressed through lesser disciplinary approaches.”

The education policy proposals would include a plan to expand diversity among the teaching workforce, reduce the reliance on state examinations and add $800 million to public colleges and universities in the state and in New York City.

At the same time, she would boost foundation aid by $4.2 billion — a long sought goal for the education advocacy groups that are supporting her candidacy.

Nixon, an actress best known for her role on the HBO franchise Sex and the City, has also been a prominent advocate for public education in New York, working closely with the Alliance for Quality Education, an organization that has been critical of Gov. Andrew Cuomo’s education policies.

Cuomo’s office has contended the state has boosted education aid, including foundation aid, to record levels since he has been in office.

It’s not clear how a tax hike starting at those who earn $300,000 — one amounting to a 0.5 percent increase — would fly in a Legislature with suburban and city lawmakers whose constituents feel middle class in a metropolitan area where the cost of living is generally much higher than the rest of the state and country.

Earners who make between $500,000 and $1 million would have their taxes increase 1.5 percent.

The top tax rate for those who make more than $10 million would increase 1.28 percent to 10.25 percent.

“Cynthia Nixon has been wrong on the facts on every issue she discusses,” said Cuomo spokeswoman Dani Lever.

“The difference between advocacy and government is the difference between fiction and non-fiction.‎ She’s been wrong on the facts on every issue she discusses. There is no court ordered CFE debt although she touts it all the time, and funding tied to the Foundation Aid formula was a Spitzer promise that ended with him. The State has an annual education formula which it has exceeded for the past 7 years, and New York spends more per pupil than any state in the nation – a record‎ $27 billion per year (a 36 percent increase since 2012). Governor Cuomo has now forced school districts like New York City to actually disclose how much they fund each school to ensure funding equity for all children, rich or poor. We urge Cynthia Nixon and her advocacy associates to support this measure and end the funding disparity that the system has perpetuated.”

Educate NY Platform 2018 by Nick Reisman on Scribd