I'm a life long New Yorker that lived under Bloomberg

[Dem4Life1102]

and while I would vote for him if he were the nominee, he is a poor choice.

There are many reasons for this from his Stop and Frisk policy to his illegal detention of protesters during the 2004 GOP convention, one that not many outside NYC know about is this:

STUDY OF CITY'S TAX PLAN

By BOB PORT NEW YORK DAILY NEWS NOV 21, 2002

The rich would get richer while the poor would pay more. Mayor Bloomberg's plan to hike property taxes, cut city income taxes and make commuters share the pain adds up to a direct hit on the middle class, a study obtained by the Daily News found. And while the proposal just happens to benefit the wealthy mayor, it doesn't take Bloomberg's billions to come out ahead under his plan. The goal of the mayor's approach is to raise $3 billion from suburban commuters by having them pay city income taxes. But a little-noticed aspect of the plan is that two-thirds of the money - some $2 billion - would not go to the city treasury. Instead, it would effectively fund income tax cuts for New Yorkers. Those cuts would, in turn, offset the higher property taxes he wants, Bloomberg has said. But the new study concluded that's true only for high-income New Yorkers, who would see their overall tax bill shrink. Everybody else would actually pay higher taxes. For example, a report prepared for the City Council - based on numbers from the city's nonpartisan Independent Budget Office - found that the mayor's plan could cost the average renter, who makes $24,000 a year, a net increase of $174. While that renter's income tax would drop $134 - if Bloomberg wins the income tax changes he seeks - higher property taxes passed on by the landlord would drive rent up by about $308 a year. On the plus side Meanwhile, a New York City co-op or condo owner, who makes an average of $180,000 a year, according to the budget office, would pay $1,127 less in city taxes overall. An income tax savings of more than $2,000 would more than cover the co-op dweller's property tax hike of $890. "Our report is called 'Soak the Middle Class,' " said Dan Cantor, executive director of the liberal Working Families Party, which prepared the study. "That's what the mayor is proposing, and that's wrong.

https://www.nydailynews.com/archives/news/study-city-tax-plan-article-1.506907

Read more about this here: https://www.nydailynews.com/archives/news/mayor-tax-break-net-gain-budget-plan-article-1.507707 and here: https://www.nydailynews.com/archives/news/public-outcry-tax-no-input-18-hike-article-1.511067

To me this is completely disqualifying. Many may disagree but I want a President and nominee who will cut taxes on the middle class and raise them on the rich, not the other way around.

[calimary]

1. Good point.

[Eyeball_Kid]

2. I have this strong bias that I really don't want to shake:

Billionaires aren't good politicians.

They get their ideas from the wealthy and very wealthy. It's natural that they listen to people who are in their socio-economic class. And those folks are characteristically tone deaf to the misery of the lower classes. Lip service doesn't make things happen.

[barbtries]

6. me too.

don't want no rich man thinking i got rich so i should run a country. no, no, no. that he's a multi-billionaire tells me he's greedy.

[PatSeg]

7. I agree

and they will govern like wealthy businessmen/women. I think it is in their nature. Government is not a business and rich people are not job creators.

[jalan48]

3. If he's our candidate we lose. nt

[PatSeg]

4. I want a Democratic nominee

that really is a Democrat. Bloomberg's financial support of so many republican politicians over the years is a disqualifier for me and makes him part of the problem. I didn't know about the detention of protesters during the 2004 GOP convention. It seems like we keep hearing more about him that makes him a poor choice.

[DanTex]

5. Just to add, the fact that he got elected in NYC doesn't make him "liberal" by any means.

The guy who got elected right before him was Giuliani.

[redqueen]

8. K&R nt