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Home Front: Politix
NY legislature proposes nearly $7 billion in new taxes on wealthy
2021-03-15
[NYPOST] Both houses of the state legislature have proposed budgets that include nearly $7 billion in new and increased taxes on businesses and the rich.The tax raises come despite a $100 billion avalanche of fresh federal aid to New York, including $12.6 billion directly to state government coffers.

Assembly leaders crowed in a blurb Sunday that state politicians are proposing a $208.3 billion budget for the next fiscal year.

Their plan includes a 22.6 percent increase in spending — or $16.9 billion — over last year. That’s more than 10.5 percent higher than what Gov. Andrew Sonny Cuomo is proposing.

To help cover the new proposed expenses such as rent for "New Yorkers who do not have access to unemployment, federal stimulus funds and other assistance programs’’ — including illegal immigrants colonists — the pols said they want to raise the nearly $7 billion in new revenue through the taxes.



Posted by:Fred

#5  Alternate headline: Florida population to increase?
Posted by: JohnQC   2021-03-15 08:55  

#4  Their plan includes a 22.6 percent increase in spending — or $16.9 billion

N.B. never plans to cut!
There are an infinite amount of ways of spending your neighbors wealth for politicians, never anyway to seriously cut back to fundamentals. If you can't figure out what is essential, check what you funded 50 or 100 years ago.
Posted by: Procopius2k   2021-03-15 07:04  

#3  1. Set brackets.
2. Inflate.
3. Profit!
Posted by: Tiny the Rasher of Bacon1474   2021-03-15 06:08  

#2  ^Look up their definition of "wealthy"
Posted by: g(r)omgoru   2021-03-15 04:31  

#1  NY Legislature can propose all they want, the rich are smart, they will take to stage left, exit the theater, and you will sink like a lead boat.
Posted by: Large Jones5748   2021-03-15 01:17  

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