Posted on 08/04/2020 7:25:35 AM PDT by ChicagoConservative27
Governor Andrew Cuomo still refuses to support taxes on the ultra-wealthy, because rich people already have one foot out of New York City, and he fears they'll leave for good if their taxes go up.
"I literally talk to people all day long who are in their Hamptons house who also lived here, or in their Hudson Valley house or in their Connecticut weekend house, and I say, 'You gotta come back, when are you coming back?'" Cuomo said during a press conference on Monday, when asked if he'd support a slate of tax hike proposals on the wealthy.
"'We'll go to dinner, I'll buy you a drink,'" Cuomo said, reenacting his conversations. "'Come over, I'll cook.' They're not coming back right now. And you know what else they're thinking? If I stay there, I pay a lower income tax because they don't pay the New York City surcharge."
(Excerpt) Read more at gothamist.com ...
No, but he can raise taxes on the lower income people.
Real estate will crash in New York, as well as other cities, with this work from home trend.
Who is going to lease all that expensive office space in all those high rises in New York City, if companies see that they can save huge amounts by not leasing that space, because employees are working from home?
How many employees of New York based companies, who have these work from home arrangements, will continue to live in New York City, if they don’t have to go to the office, or just go in once in a while? What if they see they can work from home from out of state for that New York based company?
>>>> It took three people to write this story about this POS not raising taxes?
Euphemisms like the following for “illegals” takes a group effort
>>There’s a billionaires’ tax to create a fund for workers excluded from typical government relief
If you telecommute from a New York office, your wages are subject to New York State income taxes. I don’t remember if that is NYC only, or NY State locations. A little known incentive for New York to have lots of telecommuters reporting into a NY office. All of the income tax revenue with no service requirements.
As long as they're not New Yorkers and he doesn't have to answer to them. He wants the rest of the country to foot the bill for his lunacy.
The first contiguous state that opposes the deep Blue of New England states and goes bright Red will attract many of these Northeast companies. At this point we're perhaps looking at Tennessee that could be the beneficiary if they played their cards right. Nashville is exploding.
Awwww, go ahead and raise those taxes! They are New Yorkers, they deserve it.
It’s why Rush left.
He never did that with the rest of us not rich Upstate NYers.
I guess he doesn’t care when he puts the screws to the hoi polloi.
And then he wonders why they are leaving NY in droves.
I took from it that Fredo's brother is only folding on taxing the wealthy. It is safe to assume that he's going to proceed with destroying the middle class with taxes.
And those Hamptons property owners are still choosing to vote with their feet.
Go figure.
Because between the two of those political midgets they couldn’t afford the the price of the step ladder they’d need so they could wipe Trump’s ass.
I left upstate in 1980..best thing I ever did..
New York City income taxes and employers' payroll taxes are based on the employee's actual location. New York under then-Mayor Bloomberg started that pissing contest with the L.A. Lakers and other sports teams.
Now, even sports players on New York teams live outside New York City, show up the morning of their game and then leave as soon as the game is over so that their income tax is only calculated for the day of the game. Many, such as Derek Jeter, changed their home address to Florida and flew back often enough during the regular season to avoid being considered New York State residents.
What is a Hampton?
BTW, Il Duce just announced he’s taking DE and DC off the 2 wk quarantine list and putting RI on it.
Interesting timing.
He is so stupid that he just now realized the problem? I really think he has an IQ below 90.
Meanwhile, Cuomo just told 4,000 workers they’re not essential....
https://whcuradio.com/news/025520-casinos-in-new-york-to-remain-closed-until-further-notice/
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.