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.
Maybe deblasio can find a way to turn more of us into millionaires rather than relocate them in from other regions of the world. Wishful thinking. He's probably more interested in increasing the working poor population so more people can benefit from his programs giving him a larger voting base for his reelection.
Aren't the millionaires the ones who are most likely to have expensive accountants who arrange that they pay proportionately lower taxes?
How would you calculate the proportion, when the millionaires are paying >71%, & the vast majority are paying none?
The really smart millionaires do not need accountants for their NYC incomes taxes. They simply establish residency outside NYC, and pay no NYC income taxes!
Last edited by bigjake54; 11-30-2013 at 09:16 PM..
Aren't the millionaires the ones who are most likely to have expensive accountants who arrange that they pay proportionately lower taxes?
Yep, they are the ones, but the REALLY good accountants are reserved for the BILLIONAIRES with their immense wealth in the Caymans and Switzerland and the 15% maximum taxes on investment income on what they must leave in the country.
Aren't the millionaires the ones who are most likely to have expensive accountants who arrange that they pay proportionately lower taxes?
People on this board need to understand something...wealthy people pay very little or do not pay taxes at all. Remember the golden rule: "He who holds the gold makes the rules". So I ask, who do you think make the rules?
Rich people are not stupid. They know how to shelter their wealth via trust and entities so they can pay little to no taxes.
De Blasio's promise to raise taxes on the rich will ultimately mean raising taxes on middle class and working poor. So the idiots who voted for De Blasio just voted for their own taxes to increase. LOL. Way to go!
Oh please, millionaires and billionaires, don't leave us! We can't take care of ourselves on our own! This is the attitude of serfs and footmen. Disgusting.
You can't even spell Astoria!
Quote:
Originally Posted by hilltopjay
wealthy people pay very little or do not pay taxes at all.
Well, someone is paying the billions in NYC income taxes, and it's not the vast unwashed.
There can always be arguments, that some of the wealthy are not paying enough taxes, and others are avoiding them entirely, but the entire point of the Budget Office report, was that those who are paying, on fact pay the bulk of that revenue stream.
It may be a golden goose, and the incoming mayor best be careful how he deals with it.
Well, someone is paying the billions in NYC income taxes, and it's not the vast unwashed.
There can always be arguments, that some of the wealthy are not paying enough taxes, and others are avoiding them entirely, but the entire point of the Budget Office report, was that those who are paying, on fact pay the bulk of that revenue stream.
It may be a golden goose, and the incoming mayor best be careful how he deals with it.
The middle class and the working poor are the ones who foot the majority of the tax bill, not the rich. Research it and you will see. The rich are good for contributing to the NY economy via buying stuff, expense stuff, buying expensive homes, coops, condos and the City benefits via the 2.8% mortgage tax charged to the buyers.
The middle class and the working poor are the ones who foot the majority of the tax bill, not the rich. Research it and you will see.
The middle class and the working poor do not foot the NYC income tax, which DeBlasio proposed to increase.
The Budget Office report was linked above. Read it, and you will see.
Perhaps you think that they should pay a higher percentage sales tax?
Quote:
Originally Posted by hilltopjay
The rich are good for contributing to the NY economy via buying stuff, expense stuff, buying expensive homes, coops, condos and the City benefits via the 2.8% mortgage tax charged to the buyers.
The rich are certainly not monopolizing the city tax coffers & budget, by sending loads of unprepared children to expensive, yet underperforming public schools, overburdening emergency services & the HHC, and filling homeless shelters and public housing beyond capacity.
Quote:
Originally Posted by Kefir King
Well then slit its throat and melt it down.
Fables have morals. Consider that. http://en.wikipedia.org/wiki/The_Goo...he_Golden_Eggs
"A farmer, bent on doubling the profits from his land,
Proceeded to set his soil a two-harvest demand.
Too intent thus on profit, harm himself he must needs:
Instead of corn, he now reaps corn-cockle and weeds."
Last edited by bigjake54; 12-02-2013 at 08:40 AM..
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.
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.
