NY to raise state taxes

Raising taxes is what this country sorely needs in order to get the monkey off our back and reclaim #1 in the world in all factors and lead the globe into the new age of technology and science.

Lib please, government has spent over $40 TRILLION in just the past 10 years. :talk2hand:
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82%


Excellent.


Did NY consider cutting spending instead? (blueslegend said with extreme sarcasm)
We're in the middle of a pandemic recession and any economist on either side will tell you cutting spending is not a good idea.
And raising taxes is an even worse idea.
Raising taxes is what this country sorely needs in order to get the monkey off our back and reclaim #1 in the world in all factors and lead the globe into the new age of technology and science.
You basically just said the govt is more important than the private sector. :lol:
And you basically just explained Liberalism in a nutshell
That isnt liberalism. Liberalism is a belief in individual liberty and small govt.
What i described is, "regressive illiberalism."
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82%


Excellent.


Did NY consider cutting spending instead? (blueslegend said with extreme sarcasm)
We're in the middle of a pandemic recession and any economist on either side will tell you cutting spending is not a good idea.

We're in the middle of a pandemic recession and any economist on either side will tell you raising taxes is not a good idea.
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82% for single filers earning more than $1 million, according to the person, who wasn’t authorized to speak publicly because a final budget hasn’t been reached.
.
.
Taxes have been one of the largest points of contention between the governor and the legislature. In his January budget proposal, Cuomo called for a $1.5 billion income tax increase. But that was before the state knew how much money it would receive from a federal aid package. New York will receive only $12.6 billion of the $15 billion in federal aid it sought, leaving a hole of nearly $2.5 billion, budget director Robert Mujica said last week.

Leaders of the Senate and Assembly each discussed raising nearly $7 billion of revenue, which included proposals to increase income, estate and corporate taxes. The proposals include a 1% surcharge on capital gains income, a pied-a-terre levy and lifting the estate tax.

Business leaders have lobbied the Cuomo administration and state lawmakers to resist raising taxes, arguing tax increases now would drive high earners out of the state -- and especially New York City -- while the economy struggles to recover from the pandemic.




Okay, let's see if I got this right: these guys have been complaining about the SALT deduction that rises taxes on the wealthy, thus driving the rich folk out of NY, right? So, what do they do? Yup, raise taxes on the rich. Can't cut spending, oh no. Obviously they already know they're losing people with the most money to Florida, Texas, and elsewhere. I'm guessing that repealing the SALT deduction is going to be a very high priority for the Dems in every bill that is up for consideration.

Cuomo and DiBlasio are putting aside their differences to clear out the last of the productive people from the state, so the two petty tyrants can achieve their slave utopia. I wish them the best.
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82%


Excellent.


Did NY consider cutting spending instead? (blueslegend said with extreme sarcasm)
We're in the middle of a pandemic recession and any economist on either side will tell you cutting spending is not a good idea.
And raising taxes is an even worse idea.
Raising taxes is what this country sorely needs in order to get the monkey off our back and reclaim #1 in the world in all factors and lead the globe into the new age of technology and science.
Never cut the government, which is full of bull shit programs and pork...Never that, just raise more taxes.. Congratulations you are a fucking moron...
We just had 4 years of Trump cutting the government. The EPA, education department, Oceanic and Meteorology departments, climate departments, Consumer Financial Protection Bureau...Post Office...social programs and welfare......

You had your way for 4 years, dawg :)

Says the leftist hiding out in a red state so you can enjoy the cleanliness, low taxes, and freedom. Hypocrite. Why don't you move to Baltimore or Chicago?
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82%


Excellent.


Did NY consider cutting spending instead? (blueslegend said with extreme sarcasm)
We're in the middle of a pandemic recession and any economist on either side will tell you cutting spending is not a good idea.
And raising taxes is an even worse idea.
Raising taxes is what this country sorely needs in order to get the monkey off our back and reclaim #1 in the world in all factors and lead the globe into the new age of technology and science.
Never cut the government, which is full of bull shit programs and pork...Never that, just raise more taxes.. Congratulations you are a fucking moron...
We just had 4 years of Trump cutting the government. The EPA, education department, Oceanic and Meteorology departments, climate departments, Consumer Financial Protection Bureau...Post Office...social programs and welfare......

You had your way for 4 years, dawg :)
Link us up to these cuts.

Watch this......
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82% for single filers earning more than $1 million, according to the person, who wasn’t authorized to speak publicly because a final budget hasn’t been reached.
.
.
Taxes have been one of the largest points of contention between the governor and the legislature. In his January budget proposal, Cuomo called for a $1.5 billion income tax increase. But that was before the state knew how much money it would receive from a federal aid package. New York will receive only $12.6 billion of the $15 billion in federal aid it sought, leaving a hole of nearly $2.5 billion, budget director Robert Mujica said last week.

Leaders of the Senate and Assembly each discussed raising nearly $7 billion of revenue, which included proposals to increase income, estate and corporate taxes. The proposals include a 1% surcharge on capital gains income, a pied-a-terre levy and lifting the estate tax.

Business leaders have lobbied the Cuomo administration and state lawmakers to resist raising taxes, arguing tax increases now would drive high earners out of the state -- and especially New York City -- while the economy struggles to recover from the pandemic.




Okay, let's see if I got this right: these guys have been complaining about the SALT deduction that rises taxes on the wealthy, thus driving the rich folk out of NY, right? So, what do they do? Yup, raise taxes on the rich. Can't cut spending, oh no. Obviously they already know they're losing people with the most money to Florida, Texas, and elsewhere. I'm guessing that repealing the SALT deduction is going to be a very high priority for the Dems in every bill that is up for consideration.

Hope they are ready to lose more rich folks. Who the hell would stay in a state that taxes the shit out of them??
 
Link us up to these cuts.

Watch this......

 
Link us up to these cuts.

Watch this......


Yet there was cleaner water and air, during the 4 years of President Trump.

Opinion: Under President Trump, Americans are breathing cleaner air (msn.com)

 
Link us up to these cuts.

Watch this......


No Stupid.

I didn’t ask for links to alt-left opinion pieces.

Lets see the actual budgets and the cuts. Give us actual dollar amounts of these cuts from the budgets Trump signed.
 
New York Governor Andrew Cuomo and state lawmakers have reached a tentative agreement to raise taxes on the wealthiest New Yorkers as part of a roughly $200 billion state budget deal expected to be announced as early as Monday, according to a person familiar with the negotiations.

The richest New York City residents would pay the highest combined state and city tax rates in the U.S., surpassing California, and income-tax rates would temporarily increase to 9.65% from 8.82%


Excellent.


Did NY consider cutting spending instead? (blueslegend said with extreme sarcasm)
We're in the middle of a pandemic recession and any economist on either side will tell you cutting spending is not a good idea.
Where do you get the MONEY to spend?
 
Link us up to these cuts.

Watch this......


All good programs.
 

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