[Libloather]

Forty thousand people in New York City are paying 50% of the taxes.

And about 30% of the households that file get a credit from the government. The government sends them a check. That's the Earned Income Tax Credit.

That sounds fair...

[Cyber Ninja]

Atlas could Shrug.

[alloysteel]

And if the income starts getting “capped” at $500,000, these fountains of urban wealth dry up.

Toot sweet.

[GOP Poet]

bookmark

[I see my hands]

The withdraw that breaks the council's bank.

[FlashBack]

I can’t believe that Bloomberg igured this out...But now he’ll just ask for a bigger piece of the Stimulus Pie!!

[aShepard]

..............I’m sure, but 40,000 people) outta eight million pay half the tax load in the city...............

So, 40,000 “family” taxpayers, out of about 4 million households support 50% of NYC tax revenues. Amazing! That’s even more skewed than the national statistics!

1% pays 50% of the tab, and Zer0 placed a salary cap of $500k on the bankers. NY is so screwed.

But, we’ll bail out the city, we’re going to take care of every other loser!

[freekitty]

They won’t have a choice soon. They will be forced to leave New York just to survive.

[Jet Jaguar]

BTTT

[aquila48]

Sounds like these 40000 people need to get organized - then they could pretty much call the shots...

[proudpapa]

How many of the 40,000 invested with Madoff?

[Cindy]

http://www.freerepublic.com/focus/chat/2136635/posts
“Are you looking for a job?”

Note: This thread is updated on a regular basis.

[traviskicks]

possible ping

[bamahead]

Forty thousand people in New York City are paying 50% of the taxes ... and he's worried that this state tax increase will force some of them to leave -- and if they do, it will wipe out whatever new revenue is generated by a tax increase. Amazing!



Libertarian ping! Click here to get added or here to be removed or post a message here!

[Mad_Tom_Rackham]

["RUSH: Forty thousand people in New York City are paying 50% of the taxes. Forty thousand people, and he's worried that this state tax increase will force some of them to leave --"]

They should leave. ALL of them should leave. Let the totalitarians have NOTHING! I'd encourage every taxpayer in the country to move to California. Let's take this great state from the totalitarians and make it a capitalist Utopia.

[Mad_Tom_Rackham]

["RUSH: Forty thousand people in New York City are paying 50% of the taxes. Forty thousand people, and he's worried that this state tax increase will force some of them to leave --"]

They should leave. ALL of them should leave. Let the totalitarians have NOTHING! I'd encourage every taxpayer in the country to move to California. Let's take this great state from the death grip of the totalitarians and make it a capitalist Utopia.

[longtermmemmory]

Bloomberg is afraid of a brain drain.

Does anyone really NEEEEED to be in NYC in this day and age?

Only the dinosaur media is rerouted through NYC, every other financial or information business is better suited OUTSIDE of NYC and NY state. (and way way far away from California and Michigan)

Just ask an entrepenuer, if you had it to do from scratch in 2009 would you start in NYC? answer: NO WAY!

BTW all those out of work brokers can buy nice forclosed homes dirt cheep.

[happygrl]

Bump to myself.

[FrogMom]

Folks!

What Rush DIDN’T say, but what I’ll bet he’s thinking, is that BO is NOT stupid, this is EXACTLY what he wants!

Once BO tips the balance of producers to takers, we will be in even deeper doodoo. THAT is what he wants! Why?

He can step in with the Gov and ram more of his commie crap down our throats. He WANTS us in the toilet, he WANTS us on our knees!