U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > U.S. Forums > New York > New York City
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 11-24-2013, 10:04 PM
 
595 posts, read 878,363 times
Reputation: 463

Advertisements

I kinda agree with Nanny Bloomberg on this one . This is a huge city and a huge city costs money to keep it going. Lots of it.

It has to come from somewhere. And many people in NY are unemployed or relies on some sort of gvt.help

There are many people that rely on these services just as Washington is cutting the amount of food stamps they give.

Of course they are going to court the mill/billionaires to come and spend that mula and provide desperatley needed tax dollars


Bloomberg just went ape sh*t with it and started to alter neighborhoods too fast too soon. Made NY lose alot of its original grittiness and character. He knew no balance.

Nyc is always evolving and history tends to repeat itself. Eventually there will be a "flight" of some sort from these areas and the cycle begins again..
Rate this post positively Reply With Quote Quick reply to this message

 
Old 11-24-2013, 10:31 PM
 
Location: Bronx
16,231 posts, read 20,009,059 times
Reputation: 8243
Trickle down economics does not work in NYC!
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-24-2013, 11:08 PM
 
25,543 posts, read 19,664,451 times
Reputation: 10018
Quote:
Originally Posted by Bronxguyanese View Post
Trickle down economics does not work in NYC!
Repped!
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-24-2013, 11:10 PM
 
3,245 posts, read 4,629,362 times
Reputation: 2546
Quote:
Originally Posted by Bronxguyanese View Post
Trickle down economics does not work in NYC!
Actually, 5 million NYers do not work (or, don't report income or pay income taxes)!

34,500 NY "1%ers" pay 43% of NYC income taxes, 345K pay 71%, 8 million pay less than 29%.
I.B.O.: The highest-earning 10% pay 71.2% of city taxes; the top 1% out-earns the next 9 | Capital New York
Council's James Oddo Isn't Buying That 1% Stuff | New York Daily News
"The top 10% of city taxpayers (about 345,169 payers) accounts for 71.2% of the city personal income tax. The top 1%, or about 34,598 people, pays 43.2% of the total burden.
About 1.18 million filers pay no New York City personal income taxes at all, and some who live in poverty receive “refund” payments of the values of their earned income tax credit, child care and dependent care credit."
8.4 million residents, 3.45 million taxpayers, 345K top-tenth earn 58% of income, pay 71% of NYC income tax. Top 1% of taxpayers (34,500) pay 43%, bottom 70% (2.4 million) pay 8%.

Last edited by bigjake54; 11-24-2013 at 11:28 PM..
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-25-2013, 12:59 AM
 
Location: Bronx
16,231 posts, read 20,009,059 times
Reputation: 8243
Quote:
Originally Posted by bigjake54 View Post
Actually, 5 million NYers do not work (or, don't report income or pay income taxes)!

34,500 NY "1%ers" pay 43% of NYC income taxes, 345K pay 71%, 8 million pay less than 29%.
I.B.O.: The highest-earning 10% pay 71.2% of city taxes; the top 1% out-earns the next 9 | Capital New York
Council's James Oddo Isn't Buying That 1% Stuff | New York Daily News
"The top 10% of city taxpayers (about 345,169 payers) accounts for 71.2% of the city personal income tax. The top 1%, or about 34,598 people, pays 43.2% of the total burden.
About 1.18 million filers pay no New York City personal income taxes at all, and some who live in poverty receive “refund” payments of the values of their earned income tax credit, child care and dependent care credit."
8.4 million residents, 3.45 million taxpayers, 345K top-tenth earn 58% of income, pay 71% of NYC income tax. Top 1% of taxpayers (34,500) pay 43%, bottom 70% (2.4 million) pay 8%.
I did not ask for this information. Go buzz off man! Does 5 million NYers that dont work. Hmmm thats primarily the young, the old a d the sick that collects ssi.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-25-2013, 04:47 AM
 
Location: Staten Island, NY
10,990 posts, read 8,405,626 times
Reputation: 11262
Obviously practically no one posting here will agree with Bloomberg on this, but he is dead right. The poor people making up a way-too-high percentage of the population certainly aren't paying into the tax funds their lives depend on. The ever shrinking middle class cannot afford it all, so where is it coming from? There's no logical way to argue against millionaires being important to the NYC economy.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-25-2013, 05:23 AM
 
2,503 posts, read 3,823,651 times
Reputation: 1920
Quote:
Originally Posted by Popfizz View Post
Bloomberg just went ape sh*t with it and started to alter neighborhoods too fast too soon. Made NY lose alot of its original grittiness and character.

Yeah ok, as if the old gritty NYC was a safe and desirable place to live in. Thank God those days are long gone and never come back. Unless Mayor elect De Bozo imposes his radical left wing agenda upon us.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-25-2013, 05:28 AM
 
3,201 posts, read 3,819,653 times
Reputation: 4426
what if one day all the rich people in ny get fed up being taxed the shht out of and move...what then?
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-25-2013, 05:43 AM
 
Location: Between the Bays
10,780 posts, read 9,385,551 times
Reputation: 5226
Quote:
Originally Posted by Bronxguyanese View Post
I did not ask for this information. Go buzz off man! Does 5 million NYers that dont work. Hmmm thats primarily the young, the old a d the sick that collects ssi.
Repped! No room to discuss facts and statistics around here. Must live under the words of nywriterdude.
Rate this post positively Reply With Quote Quick reply to this message
 
Old 11-25-2013, 08:59 AM
 
6,473 posts, read 10,901,367 times
Reputation: 6373
Quote:
Originally Posted by bigjake54 View Post
Actually, 5 million NYers do not work (or, don't report income or pay income taxes)!

34,500 NY "1%ers" pay 43% of NYC income taxes, 345K pay 71%, 8 million pay less than 29%.
I.B.O.: The highest-earning 10% pay 71.2% of city taxes; the top 1% out-earns the next 9 | Capital New York
Council's James Oddo Isn't Buying That 1% Stuff | New York Daily News
"The top 10% of city taxpayers (about 345,169 payers) accounts for 71.2% of the city personal income tax. The top 1%, or about 34,598 people, pays 43.2% of the total burden.
About 1.18 million filers pay no New York City personal income taxes at all, and some who live in poverty receive “refund” payments of the values of their earned income tax credit, child care and dependent care credit."
8.4 million residents, 3.45 million taxpayers, 345K top-tenth earn 58% of income, pay 71% of NYC income tax. Top 1% of taxpayers (34,500) pay 43%, bottom 70% (2.4 million) pay 8%.

Do you really believe 5 million out of 7 million new yorkers aren't working or paying taxes? Seriously??

I swear the spread of misinformation on here is ridiculous.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:



Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > New York > New York City
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top