Cuomo admits that the rich already pay their fair share
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And if you keep taxing them, they go elsewhere.
New York has a giant tax problem its leaders don’t want to face
New York state’s income tax take is dropping rapidly, but its leaders don’t seem interested in truly facing the implications.
Projected income tax revenues for the year just dropped $2.3 billion, Gov. Andrew Cuomo and Comptroller Tom DiNapoli announced Monday — and that’s after falling $500 million in December.
Cuomo partly gets what’s going on: “‘Tax the rich! Tax the rich! Tax the rich!’ We did. Now, God forbid, the rich leave,” he said. He noted that the top 1 percent of New York earners provide 46 percent of the state’s personal income tax revenues, and cited anecdotal evidence that wealthy locals are heading for lower-tax states.
https://nypost.com/2019/02/04/new-york-has-a-giant-tax-problem-its-leade...
This isn't rocket science.
"Senate Minority Leader John Flanagan suggests cutting business, energy and income taxes, as well as codifying the governor’s 2 percent spending cap into law. But Cuomo rejects that “New York government must get smaller” approach as only worsening the problem."
Of course he does.
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Top of Page Bottom of Page PermalinkFull Name: nebulous nelly
I want to know how Cuomo
I want to know how Cuomo stays clean...
Here is a list of the cases that have brought down political figures with ties to Cuomo, in descending order of how close they come to the governor’s office...
https://www.cityandstateny.com/articles/policy/ethics/corrupt-cuomo-asso...
Top of Page Bottom of Page PermalinkFull Name: Bucky Badger
GET READY TO PAY YOUR FAIR
GET READY TO PAY YOUR FAIR SHARE THOM!!! YOU FAT CAT LIBRARIANS TIME IN THE BARRELL IS COMING UP!!!
are you a big Cuomo fan now? LOL
Top of Page Bottom of Page PermalinkFull Name: the new, new mighty Quinn
nice how Thom's headline
nice how Thom's headline doesn't actually match the quote. Cuomo never said anything about "fair share".
The reduction in projected 2019 tax is at least partly due to govt employee/contractor income lost to Trump's shutdown.
Top of Page Bottom of Page PermalinkFull Name: Johnny D
(((anecdotal evidence)))
(((anecdotal evidence)))
Top of Page Bottom of Page PermalinkFull Name: An organ grinder’s tune
how about TAX THE FUCKING
how about TAX THE FUCKING CORPORATIONS?!
Top of Page Bottom of Page PermalinkFull Name: El Nino
Top of Page Bottom of Page PermalinkFull Name: Johnny D
^ I hear ya, Man
^ I hear ya, Man
Three stars for the Pokemon Movie?! (shakes head)
Top of Page Bottom of Page PermalinkFull Name: JP (J Bomb)
Thom must be the richest
Thom must be the richest librarian in the western hemisphere.
Top of Page Bottom of Page PermalinkFull Name: Charlie
This a Fox News Alert: The 1%
This a Fox News Alert: The 1% are gathering at Zuccotti Park in Manhattan to stage a sit-in. Limo drivers are on stand by. Fur coats are on hand in case it gets chill. A memorial is being constructed in honor of Leona Helmsley. Their are chants of The Rich have suffered enough!!! Demands are leave us alone!!! Threats include a March on Trump Plaza and No trickle down to you!!! Stay tune for more as things develop. This could get ugly!
Top of Page Bottom of Page PermalinkFull Name: GravyTrain
2% Ultra Millionaire Tax Now!
2% Ultra Millionaire Tax Now!
Wonder if Thom will make the $50 million cut...?