NY Gov. Cuomo proposes highest tax rates in US without $15B in federal aid
During a speech detailing the state’s annual budget, Cuomo requested at least $15 billion in federal funding – or the state will likely have to implement a number of undesirable measures, including tax increases.
Cuomo said the state has proposed temporarily increasing the top rate by two percentage points to 10.86 percent, from 8.82 percent. A wealthy resident in New York City would pay a top rate of 14.7 percent in combined taxes, the three-term Democratic governor said.
That proposal would raise just $1.5 billion.
One of the major problems with big #corporations/governments that are getting their #ass-kicked #financially, they are too focused with saving #billions and forget that by saving dollars – quarters and pennies, they will amount to billions.
When is the first or last time Cuomo and his clan ever thought of taking a cut in pay and giving one for the Gipper?? Don’t hold your breath.
How do you play the game Morra? In the most popular version, all players throw out a single hand, each showing zero to five fingers, and call out their guess at what the sum of all fingers shown will be. If one player guesses the sum, that player earns one point. The first player to reach three points wins the game.
The absolute reason government leaders squander so much money; it is not coming out of their personal bank accounts.
NY City and the State of NY are hanging on by a thread that may have snapped already. If they are not careful, the State of New York will look like Boot Hill when the #crooked/irresponsible politicians are through #scalping and #mismanaging the taxes dollar$.
When these fools get into office; I really believe most of them do not know the first thing about managing a government or even a small business. They have a free reign to do as they please with very little surveillance. Who is going to surveil the fox in the chicken coop, another fox?? I gotta believe 85% of them or more are not fit/qualified to serve as public officials.
Take a look at state by state the qualification to run for governor.
Very state, if any have no educational requirement or background in management or politics. Not even a grade school education. That explains a lot.
This entire country is siting on a powder keg. If EVERYONE responsible does not get their act together; the clock of #disaster is ticking and will #explode.
Fools/politicians; remember; start by cutting/saving pennies – dime – quarters and the billions will come. If you only focus on is the billions, the trillions will come.
I am anxious to see how the in fighting goes with J J at the helm. If I had to guess; his relationship with many of his supporters will be taking a nose dive. Now they will or at least should be blaming him for the same issues that plagued Trump. Time will tell.
It is a proven fact that; irrgardless of Trump’s shortcomings he knew how to make things happen; especially in the financial world. It is sinful that he was not reelected so he could continue to work his magic a #WARP #SPEED like he did with the #vaccines and so many other things that went #unnoticed.
The infighting has just begun with the Biden administration. Hold on to your bonnets and hats, it is going to be a bumpy ride. If J J and company run true to form, they will certainly run this country into the ground in a very short amount if time. The best thing he can do is to hire Donald James Trump as a financial advisor.
As I have repeated numerous times; I try to conduct my business and decision making by using common-sense.
Who would a intelligent person pick to represent them in court – F Lee Baily or Gomer Pyle??
I rest my case.