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Old 12-23-2017, 11:49 AM
 
15,828 posts, read 14,468,374 times
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NY has some of the highest taxes in the country. NYC in particular is the highest taxed jurisdiction in the country. Federal tax deductibility of state and local taxes cushioned that a bit. But not that's been capped at $10,000. That's a drop in the bucket for what some high income earners are paying.

So do NYS and the various citys, towns, and school districts, have to significantly cut their tax, and by extension, their budgets, or risk losing large numbers of businesses and high income residents to areas with lower taxes?
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Old 12-23-2017, 12:11 PM
 
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I’ve said this over and over, but consolidation has to be a part of the equation in NY State. This is is whether people like it or not. It really is a matter of how and when.
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Old 12-23-2017, 12:19 PM
 
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Consolidation????

Quote:
Originally Posted by ckhthankgod View Post
I’ve said this over and over, but consolidation has to be a part of the equation in NY State. This is is whether people like it or not. It really is a matter of how and when.
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Old 12-23-2017, 01:04 PM
 
Location: Arizona
7,503 posts, read 4,349,181 times
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Originally Posted by BBMW View Post
NY has some of the highest taxes in the country. NYC in particular is the highest taxed jurisdiction in the country. Federal tax deductibility of state and local taxes cushioned that a bit. But not that's been capped at $10,000. That's a drop in the bucket for what some high income earners are paying.

So do NYS and the various citys, towns, and school districts, have to significantly cut their tax, and by extension, their budgets, or risk losing large numbers of businesses and high income residents to areas with lower taxes?
New York also has one of, if not thee most corrupt legislatures in the country. Yet the good people of New York keep on electing them? *In the past decade, more than 30 current or former state officeholders in New York have been convicted of crimes, sanctioned or otherwise accused of wrongdoing. 25 out of the 30 are Democrats.

Quote:
Congratulations, New York, You're #1 in Corruption - POLITICO ...
http://www.politico.com/magazine/sto...america-117652
May 5, 2015 ... The criminal complaint Monday against Dean Skelos, the state Senate majority leader, and his son Adam came just three months after charges were brought ... All told, more than two dozen members of the New York state legislature have been indicted or resigned in disgrace over the past five years.

Ranking The States From Most To Least Corrupt | FiveThirtyEight
fivethirtyeight.com/features/ranking-the-states-from-most-to-least-corrupt/
Jan 23, 2015 ... We can look at the absolute number of public officials convicted in federal court on corruption. On that score, New York was No. 1 from 1976 to 2010 with 2,522 convictions. California was No. 2, Illinois No. 3, Florida No. 4 and Pennsylvania No. 5. Yet it’s clear from this list that the most corrupt states are also the states with the biggest populations.

How New York Became One Of The Most Corrupt States - NPR
www.npr.org/sections/itsallpolitics/2013/05/10/...
May 09, 2013 · Every month seems to bring news that another state official in New York is under indictment. Corruption can happen anywhere, but New York's political ...

Study proves NY politicians most corrupt in nation | New York ...
nypost.com/2015/11/09/study-proves-ny...
ALBANY – We’re No. 1 – in corruption. No other state has more legislators forced out of office by ethical or criminal issues than New York, according to a study ...

The Many Faces of New York’s Political Scandals - The New ...
www.nytimes.com/interactive/2014/07/23/nyregion/...
Jul 22, 2014 · *In the past decade, more than 30 current or former state officeholders in New York have been convicted of crimes, sanctioned or otherwise accused of ...
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Old 12-23-2017, 01:07 PM
 
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Maybe not budget cuts, but Cuomo is on the job... *LOL*


https://nypost.com/2017/12/22/cuomo-...-new-tax-bill/
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Old 12-23-2017, 02:11 PM
 
93,238 posts, read 123,842,121 times
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Originally Posted by BBMW View Post
Consolidation????
Yes...It has been discussed on here many times. The government structure in the state needs reform, but it has only occurred in select local situations.
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Old 12-23-2017, 03:08 PM
 
15,828 posts, read 14,468,374 times
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You're talking about merging goverments (town, etc.)

More likely the state is just going to have to cut it's expenditures.

Quote:
Originally Posted by ckhthankgod View Post
Yes...It has been discussed on here many times. The government structure in the state needs reform, but it has only occurred in select local situations.
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Old 12-23-2017, 04:45 PM
 
93,238 posts, read 123,842,121 times
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Quote:
Originally Posted by BBMW View Post
You're talking about merging goverments (town, etc.)

More likely the state is just going to have to cut it's expenditures.
That is one way you do just that...
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Old 12-23-2017, 08:00 PM
 
14,394 posts, read 11,237,198 times
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Quote:
Originally Posted by BBMW View Post
You're talking about merging goverments (town, etc.)

More likely the state is just going to have to cut it's expenditures.
Maybe, but the RIGHT thing to do is consolidate certain functions. You don't need 127 school districts on Long Island, each with its own duplicative functions. You don't need village, town and county government.
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Old 12-23-2017, 08:33 PM
 
31,902 posts, read 26,945,953 times
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Quote:
Originally Posted by BBMW View Post
You're talking about merging goverments (town, etc.)

More likely the state is just going to have to cut it's expenditures.
Yeah, good luck with that.


Look where this state spends money, then image who will put up a fight if even one penny is cut.


https://ballotpedia.org/New_York_sta...t_and_finances


New York State's budget process is more like a shell game; things are just moved around and or Peter is borrowed from to pay Paul.


https://nypost.com/2017/10/21/signs-...budget-crisis/
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