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Cuomo, AG: New Yorkers Have A Constitutional Right To Be Reimbursed For Our High Taxes
Hot Air ^
| July 18,2018
| ED MORRISSEY
Posted on 07/18/2018 7:12:24 AM PDT by Hojczyk
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To: mewzilla
Oh he irks me all Dems get the rolling preachy sound to their voice lecturing us then doing evil, think of Cartman on South Park when he was an Evangical(the way he spoke)
41
posted on
07/18/2018 8:36:44 AM PDT
by
Uversabound
(Might does not make right, but it does enforce the commonly recognized rights of each succeeding gen)
To: Paladin2
“The Bern wants to tax the rich till there are no rich anymore.”
Suddenly the Rats love the rich. Their worst nightmare is all their rich people vacating their states.
42
posted on
07/18/2018 8:37:46 AM PDT
by
aquila48
To: DUMBGRUNT
Busy work for them........................
43
posted on
07/18/2018 8:38:07 AM PDT
by
Red Badger
(July 2018 - the month the world discovered the TRUTH......Q Anon)
To: Mr. K
I think redlining is actually more than making sure the purchaser is capable of repaying the loan. It also extends to the location of the property on which the loan is made. A high crime neighborhood makes the property less attractive to a future buyer and a higher risk to the party offering the loan. Higher risk usually comes with a higher interest rate. Charging a higher rate for higher risk was deemed "racist" because the high crime neighborhoods happened to be full of "minority" populations. The whole calculated risk model was being tossed because someone was offended by reality.
44
posted on
07/18/2018 8:44:25 AM PDT
by
Myrddin
Comment #45 Removed by Moderator
To: Hojczyk
Cuomo, AG: New Yorkers Have A Constitutional Right To Be Reimbursed For Our High TaxesYou are right, Cuomo.
So get to payin'.
46
posted on
07/18/2018 8:48:37 AM PDT
by
Lazamataz
(The New York Times is so openly dishonest, even their crossword puzzles lie.)
To: jaydubya2
State and federal taxes pay for different services, so how can that be double taxation?If they were both taxed at 55% you'd understand how it's double taxation; in principle, with multiple tax authorities applying a tax to the same base income the possibility of taxing more than you actually make is possible-- unless you are allowed to deduct some from the others. If you can't deduct state from fed, then you should be able to deduct fed from state, etc.
To: Hojczyk
The crazy communist Goldman Sachs guy who was just elected in governor of NJ last fall is actually going to
raise taxes at the same time we lose this deduction. If there are no pitch forks, torches, and barrels of tar and feathers in the streets of Trenton next April 15 then this state is officially over.
By the way, top Goldman-Sachs execs keep getting elected Governor of NJ and they are all stone cold commies. I hate that company.
48
posted on
07/18/2018 9:04:18 AM PDT
by
pepsi_junkie
(Russians couldnt have done a better job destroying sacred American institutions than Democrats have)
To: Hojczyk
Remember that this is the state that now pays the tuition for college students, and then pawns it off on its tax payers.
49
posted on
07/18/2018 9:06:22 AM PDT
by
Revel
To: Be Free
This is what they are advocating for. In effect, tax-payers from other states are subsidizing the high taxes these liberal bastions assess. This is true but not a complete picture. If you look at the per-capita revenue the gov gets from various states, NJ is near the very top. Last time I looked it was top 3 every year going back a decade. Lots of wealthy people paying big federal tax bills. If you then look at the per-capita fed spending by state, NJ is either 49th or 50th always.
So NJ pays the treasury the most on a per-person basis. Then we get back the least on the same basis. NJ pays out way more than it gets back in fed spending programs. Many other states get way more fed spending then they ever send to DC.
So who's subsidizing who?
50
posted on
07/18/2018 9:08:22 AM PDT
by
pepsi_junkie
(Russians couldnt have done a better job destroying sacred American institutions than Democrats have)
To: Red Badger
LOL! The Spew Yorker Tories are gonna take dry rhino horn up the wazoo, courtesy of President Trump!
Who's your Daddy now, Lefty beechez?
51
posted on
07/18/2018 9:08:24 AM PDT
by
kiryandil
(Never pick a fight with an angry beehive)
To: pepsi_junkie
Is new Jersey a big manufacturer of military equipment? Planes, Ships, Tanks, Submarines?
I think that kind of thing has a reflection on Fed Spending.
52
posted on
07/18/2018 9:17:31 AM PDT
by
The Toll
To: Hojczyk
53
posted on
07/18/2018 9:19:31 AM PDT
by
Rumplemeyer
(The GOP should stand its ground - and fix Bayonets)
To: LambSlave
Thanks, that’s a good explanation.
To: Hojczyk
be careful what they wish for..eliminate all deductions for state taxes no disparity...
To: Hojczyk
be careful what they wish for..eliminate all deductions for state taxes no disparity...
To: mplc51
Andrew Cuomo knows taxes in New York are sky high. Unfortunately for New York taxpayers Mr. Cuomo will do absolutely nothing to reduce taxes as that would require work on his part and cooperation of his fellow Democrats to cut spending.
57
posted on
07/18/2018 9:33:33 AM PDT
by
Yolanda
To: The Toll
As of 2013 (the most recent year I could find data for) the top five states in terms of getting more than they pay (per capita) are South Carolina, North Dakota, Florida, Louisiana, and Alabama. South Carolina gets back almost 8x what they send to DC. North Dakota gets back over 5x what they send to DC.
So NJ is among the states paying those bills for everyone else. Keep that in mind when you say we're the ones being subsidized.
58
posted on
07/18/2018 9:40:04 AM PDT
by
pepsi_junkie
(Russians couldnt have done a better job destroying sacred American institutions than Democrats have)
To: pepsi_junkie
This is true but not a complete picture. If you look at the per-capita revenue the gov gets from various states, NJ is near the very top. Last time I looked it was top 3 every year going back a decade. Lots of wealthy people paying big federal tax bills. If you then look at the per-capita fed spending by state, NJ is either 49th or 50th always.
So NJ pays the treasury the most on a per-person basis. Then we get back the least on the same basis. NJ pays out way more than it gets back in fed spending programs. Many other states get way more fed spending then they ever send to DC.
So who's subsidizing who?
The argument is about Federal taxation and deductions for SALT (state and local taxes) - the revenue-collection side of the equation. Your comments bring in spending, which is another subject altogether.
My original question remains: Why should a resident of your state with taxable income of $200,000 pay less Federal income tax than a resident of Nebraska with the same taxable income?
Frankly I think we should have a flat-tax and no deductions whatsoever, but that's not politically feasible. THEN we can argue about how and where it's spent.
59
posted on
07/18/2018 11:18:25 AM PDT
by
Be Free
(When guns are outlawed, only outlaws will have guns.)
To: Be Free
Why should NJ pay for highways in Nebraska when we in NJ pay for our own highways through our high local and state taxes plus ubiquitous tolls? For example. We can play this game forever, whenever this topic comes up people will defend the states that are getting the pork and lambast the states that pay for it.
How about we do both things? Get rid of the exemptions AND the pork? But I've found that even Freepers like the pork when it's to their state.
60
posted on
07/18/2018 11:28:53 AM PDT
by
pepsi_junkie
(Russians couldnt have done a better job destroying sacred American institutions than Democrats have)
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