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Old 01-18-2021, 09:09 AM
 
5,671 posts, read 4,081,937 times
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He can't get any political points by fixing the roads. There's thousands of miles, scattered all over. He only wants to focus on what creates a great photo op or narrative, no matter if it's functional or not. It's not about the people, it's about him, and getting re-elected
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Old 01-18-2021, 03:04 PM
 
Location: western NY
6,412 posts, read 3,128,516 times
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Originally Posted by JWRocks View Post
He can't get any political points by fixing the roads. There's thousands of miles, scattered all over. He only wants to focus on what creates a great photo op or narrative, no matter if it's functional or not. It's not about the people, it's about him, and getting re-elected
You got THAT right!!
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Old 01-18-2021, 03:28 PM
 
5,671 posts, read 4,081,937 times
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Originally Posted by XAshley View Post
As if the infrastructure in our entire country isn't a disaster....

At least there are projects planned.

https://www1.nyc.gov/html/dot/html/a...projects.shtml

Just like I said. Certain projects they can point to and take credit for. They are not doing the day to day maintenance. Potholes, cut the lawns, pick up trash, fix broken signage, etc
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Old 01-18-2021, 05:46 PM
 
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Originally Posted by XAshley View Post
They aren't doing those in many states. You think only your roads are terrible?

We have the highest taxes in the world. I expect the streets to be paved in gold!!!! But I would prefer lower taxes
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Old 01-19-2021, 05:17 AM
 
Location: western NY
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Originally Posted by JWRocks View Post
We have the highest taxes in the world. I expect the streets to be paved in gold!!!! But I would prefer lower taxes
I'd be satisfied with "honest to God asphalt", not the "tar and stone chip" method they employ on many roads.
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Old 01-19-2021, 09:08 AM
 
Location: Østenfor sol og vestenfor måne
17,916 posts, read 24,336,832 times
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Originally Posted by JWRocks View Post
We have the highest taxes in the world. I expect the streets to be paved in gold!!!! But I would prefer lower taxes
The world? New York does not even have the highest tax rates in the US. Several states have comparable or significantly higher tax caps and averages.

New York State income tax rates range from 4% to 8.82%

California - 1%-12.3%

District of Columbia - 4%-8.95%

Hawaii - 1.4%-11%

Iowa - 0.33%-8.53%

Minnesota - 5.35%-9.85%

New Jersey - 1.4%-10.75%

Oregon - 4.75%-9.9%

Vermont - 3.35%-8.75%

There are also several states with flat rates above 4% which, relative to states with progressive tax rates, benefits high income earners while penalizing middle and low income earners who would have a lower tax burden in much of the country (albeit not NY).

Source: https://www.nerdwallet.com/article/t...come-tax-rates





As for the world, it is not even close. American federal income tax rates cap out to 40%, way below the majority of developed nations.

According to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent.

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Old 01-19-2021, 02:25 PM
 
2,684 posts, read 2,397,471 times
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Originally Posted by ABQConvict View Post
As for the world, it is not even close. American federal income tax rates cap out to 40%, way below the majority of developed nations.

According to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent.
Those charts are very disingenuous because they ignore other levels of taxation. Many of the countries on that chart have only a single, or at most two, levels of government taxation. In the US, many pay over 50% of their income between federal income, wage, state income, local property, city, and other taxes. And the other big differentiator? We also pay for health insurance, whereas many on that list replace health insurance payments with taxes.

So we are actually paying more than the other countries when you factor in all payments, which is sad because we're getting at best, the same level of service (if you include health insurance payments when comparing to total taxation for countries that provide healthcare), if not less (if you exclude health insurance payments yet still exceed the total tax burden in other countries).

We are not a lightly-taxed nation by any means. We're on par with every other highly-taxed country. It's just that we break government into so many little pieces that it's hard to compare. The fact that the federal government takes up to 12.4% of our wages straight from payroll (SS and medicare) before even applying the income tax rate to the remainder confuses most people running studies like this, for example.
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Old 01-19-2021, 05:07 PM
 
5,671 posts, read 4,081,937 times
Reputation: 4985
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Originally Posted by ABQConvict View Post
The world? New York does not even have the highest tax rates in the US. Several states have comparable or significantly higher tax caps and averages.

New York State income tax rates range from 4% to 8.82%

California - 1%-12.3%

District of Columbia - 4%-8.95%

Hawaii - 1.4%-11%

Iowa - 0.33%-8.53%

Minnesota - 5.35%-9.85%

New Jersey - 1.4%-10.75%

Oregon - 4.75%-9.9%

Vermont - 3.35%-8.75%

There are also several states with flat rates above 4% which, relative to states with progressive tax rates, benefits high income earners while penalizing middle and low income earners who would have a lower tax burden in much of the country (albeit not NY).

Source: https://www.nerdwallet.com/article/t...come-tax-rates





As for the world, it is not even close. American federal income tax rates cap out to 40%, way below the majority of developed nations.

According to the OECD, the country with the highest national income tax rate is the Netherlands at 52 percent, more than 12 percentage points higher than the U.S. top federal individual income rate of 39.6 percent.
Don't have a cow man. Just saying, taxes, regulations, fees, sales tax, property tax, school tax, city tax, car regs, mortgage taxes, fees, fees, fees……………..
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Old 01-19-2021, 07:44 PM
 
93,168 posts, read 123,783,345 times
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Originally Posted by NYCresident2014 View Post
Those charts are very disingenuous because they ignore other levels of taxation. Many of the countries on that chart have only a single, or at most two, levels of government taxation. In the US, many pay over 50% of their income between federal income, wage, state income, local property, city, and other taxes. And the other big differentiator? We also pay for health insurance, whereas many on that list replace health insurance payments with taxes.

So we are actually paying more than the other countries when you factor in all payments, which is sad because we're getting at best, the same level of service (if you include health insurance payments when comparing to total taxation for countries that provide healthcare), if not less (if you exclude health insurance payments yet still exceed the total tax burden in other countries).

We are not a lightly-taxed nation by any means. We're on par with every other highly-taxed country. It's just that we break government into so many little pieces that it's hard to compare. The fact that the federal government takes up to 12.4% of our wages straight from payroll (SS and medicare) before even applying the income tax rate to the remainder confuses most people running studies like this, for example.
Even worse, the US has had one of the highest corporate tax rates in the world. https://www.npr.org/2017/08/07/54179...e-in-the-world

https://www.taxpolicycenter.org/brie...ther-countries

https://www.investopedia.com/article...s-and-lows.asp

So, that has likely impacted the economy to some degree as well.
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Old 01-20-2021, 05:18 AM
 
Location: western NY
6,412 posts, read 3,128,516 times
Reputation: 10050
Quote:
Originally Posted by NYCresident2014 View Post
Those charts are very disingenuous because they ignore other levels of taxation. Many of the countries on that chart have only a single, or at most two, levels of government taxation. In the US, many pay over 50% of their income between federal income, wage, state income, local property, city, and other taxes. And the other big differentiator? We also pay for health insurance, whereas many on that list replace health insurance payments with taxes.

So we are actually paying more than the other countries when you factor in all payments, which is sad because we're getting at best, the same level of service (if you include health insurance payments when comparing to total taxation for countries that provide healthcare), if not less (if you exclude health insurance payments yet still exceed the total tax burden in other countries).

We are not a lightly-taxed nation by any means. We're on par with every other highly-taxed country. It's just that we break government into so many little pieces that it's hard to compare. The fact that the federal government takes up to 12.4% of our wages straight from payroll (SS and medicare) before even applying the income tax rate to the remainder confuses most people running studies like this, for example.
Well stated!

I just finished reading the local newspaper, and there was an article stating that Cuomo is expecting the Federal Government to pick up a major portion of NY's budget shortfall. He states that the only other option is to "increase taxes on the wealthy".....


A) what the fool doesn't realize is that through their wealth, the "wealthy" have a lot more flexibility, therefore, if their taxes in NY get too high, they simply put up a "for sale sign" in front of their homes, and off they go; and B) instead of "taxing and spending", how about being more careful on how you spend?? Every time I hear the phrase, "tax the wealthy", I can't help but think of 'Paychex' founder, Tom Golisano. He was one of the "wealthy" that Cuomo kept taxing. What did Golisano do?




He left NY.................
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