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Wacky Bloomberg

Re: Wacky Bloomberg

Bloomberg looks like a reasonable centrist compared to the new looney tune now in the mayor's office.

First of all, de Blamio doesn't seem to realize that the election is over and he won; he's still campaigning and hasn't started to "govern" yet (with 17% of the electorate voting, about 10.5% of registered voters actually voted for him).

Yesterday he was criticized for keeping the schools open during a combined blizzard / ice storm that made streets impassable: "parents need the free day care that schools provide" (I saw him on television saying this).

He wanted pre-K, the governor said you can have pre-K, he said "that's not good enough that I'm going to get what I said I wanted." oy.
 
Re: Wacky Bloomberg

He wanted pre-K, the governor said you can have pre-K, he said "that's not good enough that I'm going to get what I said I wanted." oy.
He wanted pre-K with a guaranteed funding source in place so that it wouldn't be subject to the usual Albany trickery. The snake oil salesman up there offered to fund it without any indication of where the money would come from, an empty promise.
 
Re: Wacky Bloomberg

He wanted pre-K with a guaranteed funding source in place so that it wouldn't be subject to the usual Albany trickery. The snake oil salesman up there offered to fund it without any indication of where the money would come from, an empty promise.

Don't confuse him with facts.
 
Re: Wacky Bloomberg

He wanted pre-K with a guaranteed funding source in place so that it wouldn't be subject to the usual Albany trickery. The snake oil salesman up there offered to fund it without any indication of where the money would come from, an empty promise.

When 40% of your revenue comes from taxes on 35,600 families, that's not a "guaranteed" source either. I'd love to start an organization called SUOCAP: Stop Using Our Children as Pawns.


(edit: original had erroneously said "3,600 families")
 
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Re: Wacky Bloomberg

Some of us would just prefer to have this happen and get it over with: http://www.newamster****y.org/
It seems like, under this plan, "New Amsterdam" should be the region including NYC/Nassau/Suffolk/Westchester/Rockland, and "New York" should be the remaining counties, given that when "New Amsterdam" was an actual historical place it was in NYC.

Given that the nine downstate counties have 60% of the people and pay 70% of the taxes, would at least 60% of state revenue be spent in this area as well, or would we continue to see a disproportionate share of the state's budget spent upstate?
 
Re: Wacky Bloomberg

It seems like, under this plan, "New Amsterdam" should be the region including NYC/Nassau/Suffolk/Westchester/Rockland, and "New York" should be the remaining counties, given that when "New Amsterdam" was an actual historical place it was in NYC.

Given that the nine downstate counties have 60% of the people and pay 70% of the taxes, would at least 60% of state revenue be spent in this area as well, or would we continue to see a disproportionate share of the state's budget spent upstate?

The state's budget actually gets spent up here? That's a laugh.
 
Re: Wacky Bloomberg

Why not take the counties of Bergen and Hudson in NJ? That way the trans Hudson railroad <strike>boondoggle</strike>tunnel gets built.
 
Re: Wacky Bloomberg

I don't suppose you have a reliable source for that...

Bloomberg, actually...

These high-earners already contribute more than 43 percent of the city’s income-tax revenue

That is for 35,600 individuals, did not notice the typo in the original.

Out of about 8.337 million people (http://www.worldpopulationstatistics.com/population-of-new-york-city-2013/)

so 0.43% of the population pays 43% of the taxes.

Sounds kind of unstable to me!



especially as many of these "rich" people are athletes and entertainers who perform in multiple venues, each of which assess their own income taxes pro-rata based on the number of days spent in each one. Yes, pro athletes pay state income tax in every state in which they play a game. After all, even one day's pay for these guys brings in substantial income tax revenue for each state. Given Alex Rodriguez' suspension, for example, if he doesn't set foot in New York City this year at all, the absence of that one person would cost the city about $700,000 ($28 million * 3.38% = $946,400 total; pro-rate for 81 games played outside New York = $736,377). Look at this example, though. Except for the travel, one rich athlete = nearly $1 million in city tax revenue. He gets traded or retires to Florida, and that income tax revenue disappears or is drastically reduced. How can you describe something that unreliable, that volatile, as a "guaranteed" revenue source???


I remember when we lived out west, a big news story at the time was that one person moved from Utah to Wyoming, and it cost Utah about $4 million dollars in state income tax revenue each year.


What is even more ironic is that New York City's "rich" are also among the world's most philanthropic. All this bovine fecal matter about "their fair share" :rolleyes: my guess is that the complainers contribute very little to anyone else other than themselves. Somehow there seems to be an inverse correlation between envy and generosity.



Also, de Blamio seems unaware that Dodd-Frank is killing profits in investment banks (not saying whether that is "good" or "bad", merely noting that it is). So the scourge of civilization in many people's eyes is finally getting a well-deserved come down....except that also means a lot fewer "rich greedy bankers" to tax.


PS can't find it now, but of the "rich" nationwide, only about 14% were bankers, about 30% were athletes and entertainers, about 41% were executives in non-financial companies, not quite sure about the remaining 15%. Seems bizarre to me to use the term "rich" to describe someone with a high income in the first place, since so many people think "rich = wealthy" and wealth correlates to net worth, not to income.

So next time you think of those "evil, greedy, rich people" think of LeBron James or Jennifer Lawrence and ask yourself if that stereotype really fits!
 
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Re: Wacky Bloomberg

Yeah, but Blomberg is "wacky" so I'm not sure that's a good source.
 
Re: Wacky Bloomberg

The state's budget actually gets spent up here? That's a laugh.
In fiscal year 2009-10 (because that's what I was able to find), the ten downstate counties (this study groups Putnam with what I call the downstate counties) paid 72.5% of NYS tax revenues, had 64.6% of the population, and received 57.7% of state funding. Albany skews it to some degree since maintaining a government takes money, but the non-Albany upstate counties paid 23.8% of the taxes, had 31.2% of the population, and received 35.2% of the spending. So, please. Secede. Have fun maintaining the roads up there when you have to pay for them yourselves.
 
Re: Wacky Bloomberg

So the new mayor claims to be the protector of the poor and downtrodden, he harps on his "tale of two cities" theme...

What do minorities want more than anything else?

A good education for their children!


Who is threatening to shut down schools that demonstrably provide excellent results for minority children?


Why, the new mayor.


It was amusing to see the governor call him out on this "inconsistency" publicly. There were two rallies in Albany earlier this week. One attended by over ten thousand parents and students, was in favor of charter schools. The governor spoke there and publicly expressed strong, unequivocable support for charter schools, including an offer to find state funding*.

The other, one thousand five hundred union members, wanting higher NYC taxes to fund pre-K even though the governor already promised funding for statewide pre-K without higher taxes.







* Even though no public school pays rent to use the school building, the mayor wants charter schools to pay rent when they use city buildings, even though charters serve mostly minorities. Go figure. :confused:
 
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