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Cuomo announces income tax revenues have dropped by $2.3B
New York Post ^
| 2/4/2019
| Carl Campanile
Posted on 02/04/2019 12:20:25 PM PST by 1Old Pro
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WOW, wealthy overtaxed individuals are fleeing high tax New York and liberals like Cuomo are surprised...amazing.
1
posted on
02/04/2019 12:20:25 PM PST
by
1Old Pro
To: 1Old Pro
2
posted on
02/04/2019 12:21:27 PM PST
by
Stentor
To: 1Old Pro
Gee, I’m shocked...................................................................................Like yeah, really...................
3
posted on
02/04/2019 12:21:27 PM PST
by
Red Badger
(We are headed for a Civil War. It won't be nice like the last one....................)
To: 1Old Pro
and there’s only one solution, raise taxes! /s
4
posted on
02/04/2019 12:21:41 PM PST
by
relee
(Till the blue skies drive the dark clouds far away)
To: 1Old Pro
Who would have ever guessed that would happen.
5
posted on
02/04/2019 12:22:14 PM PST
by
McGavin999
(Border security without a wall is like having a Ring doorbell without a door)
To: 1Old Pro
One% of the states top income earners provide 46% of the states personal income tax revenuesWell, there's the problem right there. They aren't taxing the 1% at a 90% marginal rate. Just raise taxes and, et voilà, problem solved! If only AOC had run for the NYS Statehouse instead of Congress, they wouldn't have this shortfall problem.
To: 1Old Pro
Left in 1980
But they vote the same when they move...There will be no blue states in 20 years..
Well maybe two or three
7
posted on
02/04/2019 12:22:53 PM PST
by
Hojczyk
To: relee
and theres only one solution, raise taxes! /sOn the middle class, the top 1% that paid half the taxes are gone - that's gonna hurt.
8
posted on
02/04/2019 12:23:04 PM PST
by
1Old Pro
To: 1Old Pro
2 words, Cuomo: Laffer Curve.
9
posted on
02/04/2019 12:23:08 PM PST
by
mewzilla
(Break out the mustard seeds.)
To: 1Old Pro
I think it’s due to climate change.
10
posted on
02/04/2019 12:23:11 PM PST
by
wny
To: 1Old Pro
This is like the heroin addict bemoaning the reduction of powder he's getting with each buy. It also indicates why the Occassional Kotex plan of soaking the rich will fail. The rich are highly mobile. The next step is out of the country to places such as Belize or the Grand Caymans.
11
posted on
02/04/2019 12:23:24 PM PST
by
NohSpinZone
(First thing we do, let's kill all the lawyers)
To: 1Old Pro
Blaming the SALT restrictions is bogus. For most taxpayers, the reduction in tax rates should have offset the loss of deductions.
12
posted on
02/04/2019 12:24:39 PM PST
by
CatOwner
To: 1Old Pro
He is blaming the Feds for not subsidizing his high tax rates any longer.
13
posted on
02/04/2019 12:25:43 PM PST
by
fhayek
To: 1Old Pro
Just start taxing abortions.
14
posted on
02/04/2019 12:26:02 PM PST
by
fruser1
To: 1Old Pro
They scurry out of NY as fast as they can to preserve their wealth, then immediately start voting the same way in their new ‘home’...................insanity: doing the same thing over and over, then expecting a different result...........
15
posted on
02/04/2019 12:26:06 PM PST
by
Red Badger
(We are headed for a Civil War. It won't be nice like the last one....................)
To: 1Old Pro
They scurry out of NY as fast as they can to preserve their wealth, then immediately start voting the same way in their new ‘home’...................insanity: doing the same thing over and over, then expecting a different result...........
16
posted on
02/04/2019 12:26:14 PM PST
by
Red Badger
(We are headed for a Civil War. It won't be nice like the last one....................)
To: NohSpinZone
The next step is out of the country to places such as Belize or the Grand Caymans. That's what corporations did when our tax rates were unsustainably high, and yes, individuals will be next.
17
posted on
02/04/2019 12:26:43 PM PST
by
1Old Pro
To: Stentor
18
posted on
02/04/2019 12:26:56 PM PST
by
guido911
(all)
To: 1Old Pro
Just raise taxes again!
BWA-HAHAHA
19
posted on
02/04/2019 12:26:59 PM PST
by
Darteaus94025
(Can't have a Liberal without a Lie)
To: 1Old Pro
Not just the wealthy.
I don’t know any rich folks who’ve left.
But I know a lotta middle class and small biz owners who have....
20
posted on
02/04/2019 12:27:04 PM PST
by
mewzilla
(Break out the mustard seeds.)
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