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With what little reasons there are to actually remain in New York due to the pandemic, the last thing New York should be doing right now is raising taxes. Didn'
by thrownychuman 6y ago
With what little reasons there are to actually remain in New York due to the pandemic, the last thing New York should be doing right now is raising taxes. Didn't they learn their lesson from the Silicon Valley exodus?
The article itself mentions just how easy it is to pack up for Miami, and a few percentages more of already sky-high taxes will just push people to leave, especially with the federal government already hell-bent on raising taxes on their end as well. And how will this tax be implemented? Will it be a wealth tax? Or will it be a tax that effectively taxes working class doctors, engineers, and lawyers instead? Given their resources and access to powerful accountants and tax attorneys, taxing the wealthy is near-impossible.
Oh, they want to tax businesses, too? Don't they realize how much businesses are hurting there right now?
And how will this money be spent? Will MTA ever join the current century? Or will this tax money just fund peoples' pensions instead like in CA? Raising taxes is an especially tough sell when nobody is convinced their tax money is being spent in ways that benefit them or the public at large.
- throwaway0a5e 6y ago>Didn't they learn their lesson from the Silicon Valley exodus? The people spamming the "raise taxes" button have seen the seeds of their ideology spread far and wide with the "silicon valley exodus". In light of that, why would they stop?