11-6-08: So it begins - Income Taxes to be raised 15% in New York, Sales Tax increased 3%

[dmcowen674]

11-6-08: So it begins - Income Taxes to be raised 15% in New York

Democrats fault? No, Bloomberg is Republican

This American crisis while born by Republicans has to be fixed by both Democrats and Republicans by raiding taxes Nationwide.

You can't expect to borrow and spend and not have to pay the piper.

The piper has come calling.

Will the country learn and not elect Republicans anymore, of course not but at least with Democrats in somewhat control at least they can stop the bleeding.

Bloomberg cancels N.Y.C. property tax rebates, suggests 15% income tax increase

New York City Mayor Michael Bloomberg said Wednesday he would halt $400 property tax rebates and that he might need to raise the city's personal income tax by as much as 15 percent due to a budget shortfall expected to hit $4 billion in the next two years, according to a report in the New York Times.

Bloomberg also warned that the city's portion of the state sales tax might need to be increased by roughly 3 percent.

 

[TallBill]

Explain Chicago then. There taxes are horribly fucked up, and their budget is in the shitter anyways. I don't think there is a single republican holding any position in Cook county, nor has there been for a long time.

 

[dmcowen674]

Originally posted by: TallBill
Explain Chicago then. There taxes are horribly fucked up, and their budget is in the shitter anyways. I don't think there is a single republican holding any position in Cook county, nor has there been for a long time.

What jobs do they have?

Oh that's right they were all shipped overseas by Republicans.

 

[mugs]

Bloomberg is not a republican.

 

[Zenmervolt]

Bloomberg is an idiot.

The answer to a budget deficit is to cut the budget, not to raise taxes.

ZV

 

[dmcowen674]

Originally posted by: mugs
Bloomberg is not a republican.

Exactly like Lieberman is not a Democrat

Like I said we all have to pay the piper.

Most of the blame goes to Republican policy but of course Democrats are not saints either.

 

[Skitzer]

He is the Mayor of one of the largest cities in the world. He is doing what he needs to do to balance his budget. Why do you have a problem with that? You suppose a Democratic Mayor would do any differently and if so how?
Your speculation that this crisis was born by republicans is a load of pure bull$hit.
Democrats in somewhat control?? They have full control. Now lets sit back and watch what they do with that control.

 

[dmcowen674]

Originally posted by: Zenmervolt
Bloomberg is an idiot.

The answer to a budget deficit is to cut the budget, not to raise taxes.

ZV

Government employees would never vote to cut themselves out of a job.

 

[TallBill]

Originally posted by: dmcowen674

Originally posted by: TallBill
Explain Chicago then. There taxes are horribly fucked up, and their budget is in the shitter anyways. I don't think there is a single republican holding any position in Cook county, nor has there been for a long time.

What jobs do they have?

Oh that's right they were all shipped overseas by Republicans.

Huh? Btw, I checked and there are a few Republican so I was wrong.

http://results.voterinfonet.co...0408/SummaryReport.pdf

 

[TallBill]

Originally posted by: dmcowen674

Originally posted by: Zenmervolt
Bloomberg is an idiot.

The answer to a budget deficit is to cut the budget, not to raise taxes.

ZV

Government employees would never vote to cut themselves out of a job.

Name me any group of employees that would vote to fire themselves.

 

[NeoV]

didn't we ban all of the "and so it begins" posts?

 

[Stuxnet]

I don't know where you get your "facts", Dave (actually I do - it rhymes with "your anus"), but he is no longer a Republican.

 

[TallBill]

Originally posted by: NeoV
didn't we ban all of the "and so it begins" posts?

Didn't we ban Dave?

 

[eleison]

Originally posted by: jbourne77
I don't know where you get your "facts", Dave (actually I do - it rhymes with "your anus"), but he is no longer a Republican.

hahaha...

 

[eleison]

Originally posted by: dmcowen674

Originally posted by: TallBill
Explain Chicago then. There taxes are horribly fucked up, and their budget is in the shitter anyways. I don't think there is a single republican holding any position in Cook county, nor has there been for a long time.

What jobs do they have?

Oh that's right they were all shipped overseas by Republicans.

Yes, and by the look of things.... taxing companies is really helping companies keep the low wage, low skill jobs in chicago. Notice the sarcasm? Keep on taxing companies and they will move away -- or just plain go out of business. Its a global economy. Besides, why would American want to keep those low skilled, low wage jobs anyways? We need to help companies finds ways to create new jobs. This shouldn't be done by taxing them to death.

 

[Capt Caveman]

Originally posted by: TallBill

Originally posted by: NeoV
didn't we ban all of the "and so it begins" posts?

Didn't we ban Dave?

Yes and he was allowed back. Then he self-banned himself and then came back.

 

[Zenmervolt]

Originally posted by: dmcowen674

Originally posted by: Zenmervolt
Bloomberg is an idiot.

The answer to a budget deficit is to cut the budget, not to raise taxes.

ZV

Government employees would never vote to cut themselves out of a job.

And this is why expanding government leads to problems.

ZV

 

[StageLeft]

NYC has I think 300k city employees and he said maybe 3000 will be leaving through attrition or something. Realistically he needs to start hacking and slashing public work force, not jacking taxes up.

 

[dmcowen674]

Originally posted by: Skoorb
NYC has I think 300k city employees and he said maybe 3000 will be leaving through attrition or something. Realistically he needs to start hacking and slashing public work force, not jacking taxes up.

Arnold is doing the same thing to California.

He is a Republican too.

Looks like Republicans have learned cutting taxes and spending doesn't work.

If you are going to spoend you have to at least raise taxes to do it.

Let them keep raising taxes until the U.S. citizens can't take anymore and revolt.

 

[Jaskalas]

Originally posted by: dmcowen674

Originally posted by: Zenmervolt
Bloomberg is an idiot.

The answer to a budget deficit is to cut the budget, not to raise taxes.

ZV

Government employees would never vote to cut themselves out of a job.

Strange, we thought this was a country for the people by the people. Now we know it's for the employees by the employees and the people get f'ed.

 

[OCGuy]

Originally posted by: dmcowen674

Originally posted by: Skoorb
NYC has I think 300k city employees and he said maybe 3000 will be leaving through attrition or something. Realistically he needs to start hacking and slashing public work force, not jacking taxes up.

Arnold is doing the same thing to California.

He is a Republican too.

Looks like Republicans have learned cutting taxes and spending doesn't work.

If you are going to spoend you have to at least raise taxes to do it.

Let them keep raising taxes until the U.S. citizens can't take anymore and revolt.

Sometimes I think your posts arent even serious.

He is cutting spending as well, not just taxing and taxing so he can spend more.

Someone has to stop the financial bleeding that all the welfare programs and poor economic decisions create.

 

[Stuxnet]

Originally posted by: Ocguy31

Originally posted by: dmcowen674

Originally posted by: Skoorb
NYC has I think 300k city employees and he said maybe 3000 will be leaving through attrition or something. Realistically he needs to start hacking and slashing public work force, not jacking taxes up.

Arnold is doing the same thing to California.

He is a Republican too.

Looks like Republicans have learned cutting taxes and spending doesn't work.

If you are going to spoend you have to at least raise taxes to do it.

Let them keep raising taxes until the U.S. citizens can't take anymore and revolt.

Sometimes I think your posts arent even serious.

He is cutting spending as well, not just taxing and taxing so he can spend more.

Someone has to stop the financial bleeding that all the welfare programs and poor economic decisions create.

Trying to talk sense to Dave only serves to legitimize Dave. Friends don't let friends legitimize Dave.

 

[Fern]

Originally posted by: dmcowen674
-snip-
Democrats fault? No, Bloomberg is Republican

Democrats fault? Yes, the city is heavily democratic and they voted in Bloomberg.

Bloomberg a Repub? Nope (as has been pointed out above). Bloomberg was a longtime Dem, swicth to Repub to get Rudy's old job, then changed again to *Independant*. Even while wearing the Repub label, he was a Repub in name only.

He's in a tough spot what with all the lost revenue from Wall Street etc. But I lived in Manhatten during Dinkins' time and Bloomberg looks to be making the same mistake - raising taxes substantially.

When Dinkins did that an enormous number of big businesses left - moving across the river to CT (or to Armonk etc). Those companies that left have stayed away, IMO, Bloomberg needs to be careful, the base of companies he can draw revenue from is smaller and he better not chase them away. Many of the financial institutions that remain in NTC are aware, I believe, that they can get along just fine somewhere else; quite a few moved (to Chicago etc) after 911.

Bloomberg is one heckava bad fix, income tax revenue falling, property tax revenue too. And an increase in sales is just going to chase people away from purchasing products there (and that's been going on for quite a while, they station sales tax agents at malls in NJ etc to catch NYC residents buying stuff there to avoid the already high sales tax). I think he better look hard at cutting smartly and deeply and think hard about trying to tax his way out of this problem.

Fern

 

[KK]

:thumbsup: Good, I hope they tax the hell out of them.

 

[Stuxnet]

Originally posted by: Fern

Originally posted by: dmcowen674
-snip-
Democrats fault? No, Bloomberg is Republican

Democrats fault? Yes, the city is heavily democratic and they voted in Bloomberg.

Bloomberg a Repub? Nope (as has been pointed out above). Bloomberg was a longtime Dem, swicth to Repub to get Rudy's old job, then changed again to *Independant*. Even while wearing the Repub label, he was a Repub in name only.

He's in a tough spot what with all the lost revenue from Wall Street etc. But I lived in Manhatten during Dinkins' time and Bloomberg looks to be making the same mistake - raising taxes substantially.

When Dinkins did that an enormous number of big businesses left - moving across the river to CT (or to Armonk etc). Those companies that left have stayed away, IMO, Bloomberg needs to be careful, the base of companies he can draw revenue from is smaller and he better not chase them away. Many of the financial institutions that remain in NTC are aware, I believe, that they can get along just fine somewhere else; quite a few moved (to Chicago etc) after 911.

Bloomberg is one heckava bad fix, income tax revenue falling, property tax revenue too. And an increase in sales is just going to chase people away from purchasing products there (and that's been going on for quite a while, they station sales tax agents at malls in NJ etc to catch NYC residents buying stuff there to avoid the already high sales tax). I think he better look hard at cutting smartly and deeply and think hard about trying to tax his way out of this problem.

Fern

Want to know the REAL bummer? This is only a small preview of what's to come when Obama raises taxes on the "rich".