Include the 64,100 tax burden in the price of a home in NYC...including no property tax for 10 years and after that a reasonable cap on that tax. Force the city and state to hold a popular vote to increase tax valuations.
The home price would have to be reduced to move it.
Give the buyer an iron-clad contract that no further funds would ever be sought from them.
Also... Offer people a 10 year tax moratorium where they would pay zero city and state taxes. People would come...at least for 10 years.
And give the retirees a huge haircut..cut them back to 25% of current benefits...the money ain’t there anyway.
NYC would thrive...and with limited funds layabouts would move on...likely to CA...what a hoot that would be :-)
I really have no problem with welfare and food stamps so long as the recipients MUST work a 40hr week to get them....there is MUCH infrastructure work needs doing!
“And give the retirees a huge haircut..cut them back to 25% of current benefits...the money ain’t there anyway.”
Sounds like what NY should do is have younger municipal union workers contribute more into their pension and as they age the contribution gets lower.
Just like Obamacare. Let the young pay for the old.