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Dem4Life1102
Dem4Life1102's Journal
Dem4Life1102's Journal
February 3, 2020
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.
I'm a life long New Yorker that lived under Bloomberg
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
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.
February 3, 2020
Joe Biden Snaps at NBC's Savannah Guthrie For Hunter Questions: 'You Don't Know What You're Talking
All I can say is good for him! So sick of the media parroting GOP talking points that they know are lies.
Joe Biden Snaps at NBCs Savannah Guthrie For Hunter Questions: You Dont Know What Youre Talking About!
By Ken MeyerFeb 3rd, 2020, 8:41 am
Former Vice President Joe Biden seemed to get short-tempered with NBCs Savannah Guthrie when asked about his son, Hunter Bidens, dealings with Ukraine.
When Guthrie caught up with Biden on Monday, she noted the irony that more people know about Hunters work with the Burisma gas company now, thanks to President Donald Trumps Ukraine scandal and his subsequent impeachment. This led to Biden saying that no one has found anything wrong with [Hunters] dealings with Ukraine, except it sets a bad image.
Well, do you agree that it sets a bad image? Guthrie asked. Do you think it was wrong for him to take that position knowing it was really because the company wanted access to you.
Thats not true, Biden snapped. Youre saying things you dont know what youre talking about! No ones said that! Who said that?!
https://www.mediaite.com/tv/joe-biden-snaps-at-nbcs-savannah-guthrie-for-hunter-questions-you-dont-know-what-youre-talking-about/
By Ken MeyerFeb 3rd, 2020, 8:41 am
Former Vice President Joe Biden seemed to get short-tempered with NBCs Savannah Guthrie when asked about his son, Hunter Bidens, dealings with Ukraine.
When Guthrie caught up with Biden on Monday, she noted the irony that more people know about Hunters work with the Burisma gas company now, thanks to President Donald Trumps Ukraine scandal and his subsequent impeachment. This led to Biden saying that no one has found anything wrong with [Hunters] dealings with Ukraine, except it sets a bad image.
Well, do you agree that it sets a bad image? Guthrie asked. Do you think it was wrong for him to take that position knowing it was really because the company wanted access to you.
Thats not true, Biden snapped. Youre saying things you dont know what youre talking about! No ones said that! Who said that?!
https://www.mediaite.com/tv/joe-biden-snaps-at-nbcs-savannah-guthrie-for-hunter-questions-you-dont-know-what-youre-talking-about/
February 1, 2020
White guy Millionaire Michael Moore
seems to have a problem with a private citizen exercising her 1st amendment rights. Sounds very Trumpian to me.
February 1, 2020
So Michael Moore speaks at a Sanders rally
and attacks the Democratic Party. Not Trump or Republicans in the senate but the Democratic Party. With friends like these we dont need enemies.
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Current location: NYC
Member since: Thu Sep 26, 2019, 09:18 AM
Number of posts: 3,974