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200k is just getting by on long island? If that's true, then whoever that is, is an idiot who bought a way too expensive house, and is driving 2 brand new luxury cars/SUVs, and brand new vehicles for their spoiled kids. That's their own fault.
Yup. A while ago I read about some family in Nassau County that was "struggling" after one of the couple lost their jobs . The reason - four kids , owners expanded the house, each kid got his/her own bedroom AND bathroom.
Last edited by lifetimeliguy; 02-10-2019 at 10:42 AM..
in this weeks observer the TOB supervisor is lamenting how the NYS Gov't is cutting $1.7 from their expected (grant/allocation)
Same supervisor who in December stated that they had for 2018 $500K off the books from their recycling (which due to Individual number 1's tariffs is now a deficit)
So exactly what is the budge, what is the revenue, 'cause it seems to me there is a bit of a gray area.
If it is gray, why ever would we want to give them more money to spend, to hire more relatives?
What I was attempting (albeit feebly) to express is that while property taxes are indeed too high ~ they are based on the doubling & tripling of property values on LI over the past few decades.
The enormous increase in property values would not be so problematic if wages had increased commensurately.
The vast increase in property values is unfortunately only realized when one moves off of LI, it does not help those who would like to able to live here.
In VA when property values go up they lower the % paid to keep revenue fairly consistent. The real travesty is the tripling of income for your local towns...where has that money gone? That is the $64,000 question.
Arguing for increased wages isn't really going to solve the problem because that will drive further increases in property values and the circle continues.
In VA when property values go up they lower the % paid to keep revenue fairly consistent. The real travesty is the tripling of income for your local towns...where has that money gone? That is the $64,000 question.
Arguing for increased wages isn't really going to solve the problem because that will drive further increases in property values and the circle continues.
I think I'll go ahead & continue to 'argue for increases in wages'. Your argument that increases in wages will drive further increases in property values is not persuasive. LI is a desirable place to live, don't see that changing in the near or distant future, that is what drives increases in property values (other factors as well however all contribute to the perception & reality that LI is a desirable place to live). Decades-long 'trickle down' economics hasn't work, it's time to give it up already. Decades-long stagnation in middle class wage earners just hurts the middle class. Seems sortof intuitive, doesn't it? Perhaps you have a different view of it?
Now for some stats from a study by the LI Association Research Institute in March 2015:
Quote:
HISTORICAL PROPERTY TAX GROWTH RATE
The following tables indicate that average residential property taxes on Long Island grew by 91.5 percent in the 1970s (or 9.2 percent annually), 77.6 percent in the 1980s (or 7.8 percent annually), 48 percent in the 1990s (or 4.8 percent annually), and 69.5 percent between 2000 and 2012 (or 5.8 percent annually), prior to the implementation of the property tax cap.
In the three years since the property tax cap was in effect, local government tax levies have been held to growth of 2 percent or less.
LONG ISLAND’S PROJECTED PROPERTY TAX RATES OVER THE NEXT DECADE IF THE PROPERTY TAX CAP IS NOT EXTENDED
I think I'll go ahead & continue to 'argue for increases in wages'. Your argument that increases in wages will drive further increases in property values is not persuasive. LI is a desirable place to live, don't see that changing in the near or distant future, that is what drives increases in property values (other factors as well however all contribute to the perception & reality that LI is a desirable place to live). Decades-long 'trickle down' economics hasn't work, it's time to give it up already. Decades-long stagnation in middle class wage earners just hurts the middle class. Seems sortof intuitive, doesn't it? Perhaps you have a different view of it?
Now for some stats from a study by the LI Association Research Institute in March 2015:
LONG ISLAND’S PROJECTED PROPERTY TAX RATES OVER THE NEXT DECADE IF THE PROPERTY TAX CAP IS NOT EXTENDED
Medicaid shortfalls and other government services they can't afford but are constitutionally mandated
Which amendment in the constitution states people are entitled to Medicaid?
They are net "taker" states. For every buck they pay, they get no less than $1.14 back from the Fed. For every buck we pay, we get back $.81 cents. We pay more, get less. They pay less, get more. Math.
How is that $1.14 spent it does not go completely to welfare and Medicaid, a portion does. What I am saying is the bulk of the $1.14 being returned is used for military bases, national parks and other federally funded entities that have nothing to do with social services. All states get an amount from the federal government for welfare etc. This was done during the Nixon administration.
It is a shame that LI lost it s military industry and had it primarily replaced with low paying retail.
The fact is LI would not have become an affluent suburb with out the Fed $$ for military hardware.
Potato farming and clamming won't cut it.
I have a hunch about the military industry.
Since New York always votes democrat, GOP once in power, then would try to move all those federal supported industries to Republican states. So over the years, many military contractors and military bases probably moved to the South to help GOP voters in the south. This strengths GOP's hold on those southern states as federal supported industries and military bases bring jobs and income.
The SALT deduction is just another tactics to hurt the democrat northern states while benefiting the Republican southern states.
So over the years, many military contractors and military bases probably moved to the South to help GOP voters in the south. This strengths GOP's hold on those southern states as federal supported industries and military bases bring jobs and income.
Today, 44% of military recruits come from south despite having 36% of the population.
"after military base closures and realignment during the late 1980s and early 1990s moved forces away from the West and Northeast, and concentrated them more heavily in the Southern and coastal “Gun Belt” states, then the Southern enlistee numbers followed suit."
What's interesting is that the 100th Congress (1987-1989) had both houses with a Democratic majority.
101st? (1989-1991) Both houses had a Democratic majority.
102nd? (1991-1993) Both houses had a Democratic majority.
103rd? (1993-1995) Both houses had a Democratic majority, and Bill Clinton entered office.
So all this realignment happened under a Democrat-controlled Congress...I'm not sure how this plays out as a GOP conspiracy.
Dems are getting blamed for LI's high taxes, when it was the GOP machine that bent over backwards for decades accommodating union demands. They spared no expense spiking public sector pay, benefits and hiring.
The good 'ol machine knows how to deliver warm bodies to the polls after all.
Now taxes are at an all-time high, thanks to these contracts with GOP fingerprints all over them. Funny how that worked out.
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Location: Where my bills arrive
19,219 posts, read 17,085,392 times
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Quote:
Originally Posted by sun12
I have a hunch about the military industry.
Since New York always votes democrat, GOP once in power, then would try to move all those federal supported industries to Republican states. So over the years, many military contractors and military bases probably moved to the South to help GOP voters in the south. This strengths GOP's hold on those southern states as federal supported industries and military bases bring jobs and income.
The SALT deduction is just another tactics to hurt the democrat northern states while benefiting the Republican southern states.
I wonder what the Democrats could do?
Your hunch needs some work, it was a democratic presidency that caused so many military installations to be closed that was the BRAC Commission where significant closures occurred during Bills Presidency.
Ref: https://comptroller.defense.gov/Port...mmary_Book.pdf
Military contractors such as Grumman and Sperry relocated because the cost of doing business in NY was cost prohibitive. Labor costs alone were enough to drive them away and their not coming back because under Andy they have only gotten worse, the unions are out of control, the overall COL could choke a horse. Why would they want to return?
The bases down south can be run for far less and even among them many have been closed due to BRAC, politics cuts both ways. Yours taxes are obscene because of the state not SALT, so far I have only seen 2 counties complain about SALT. What can the Democrats do? Well in NY they can offer another free program that they can't afford and then place the burden on the few who are left paying...2.5+ Billion and counting how high will the budget shortfall go
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