Good day all. Once upon a time, one of the two greatest British Prime ministers of the 20th century, Margaret Thatcher once said that “The trouble with Socialism is that eventually you run out of other people’s money.”
Well, after decades of mismanagement and incompetence, that is now happening in New York. Taxes have been skyrocketing, regulations are essentially totalitarian and the richest group of people have said “Fuck this, I’m outta here.” Now the governor of New York, Andrew “Flaming” Cuomo is visiting all the rich people and begging them to come back and be soaked some more. Here are the details from the Daily Wire:
New York Governor Andrew Cuomo has been visiting New Yorkers who fled the state during the peak of the coronavirus pandemic, begging them to return to the state from Connecticut and other second-home locations after admitting the “one percent” pay a shocking 50% of state taxes.
“Gov. Andrew Cuomo has been begging rich people to return to New York City from their second-home retreats so they can pay taxes to help offset the state’s growing coronavirus-related revenue shortfall,” the New York Post reported Tuesday.
Even those who simply relocated to more bucolic surroundings inside New York state are being asked to return to New York City because taxpayers in NYC pay an additional state tax “surcharge” for the privilege of living in Manhattan.
Cuomo’s even offering perks.
“I literally talk to people all day long who are now in their Hamptons house who also lived here, or in their Hudson Valley house, or in their Connecticut weekend house, and I say, ‘You got to come back! We’ll go to dinner! I’ll buy you a drink! Come over, I’ll cook!’” Cuomo said at a press conference late Monday.
I think the basic reaction from these people can be summed up thus:
“They’re not coming back right now,” Cuomo added. “And you know what else they’re thinking? ‘If I stay there, I pay a lower income tax’ because they don’t pay the New York City surcharge.”
“Our population, 1 percent of the population pays 50 percent of the taxes,” Cuomo said.
So, do you think that the morons in Albany would take heed and actually consider both lowering and expanding the tax base of New York?
Cuomo is fighting a “wealth tax” that’s set to be introduced in the state’s legislature with the backing of progressive Democrats because he’s concerned the coronavirus-related relocations will be made permanent, stripping both New York and New York City of much-needed tax money.
So that would be a no then. This isn’t surprising, considering the fiscal hole these idiots have dug for themselves. Currently, thanks to the incompetence of Flaming Cuomo and that narcissistic nutjob Dumbass de Blasio, New York is about $30 billion in the hole.
Flaming Cuomo and the other incompetent Democrat Governors who, along with their progressive liberal state legislatures, have completely trashed their estate economies, have been begging Washington to bail them out and save them from their own incompetence.
House Democrats did specifically include money to bail out struggling states in their bill, with no requirement that states prove a budgetary shortfall existed prior to the coronavirus pandemic, but that is unlikely to pass the Senate.
The problem for the House is that the Senate said no. This isn’t sitting well with the Blue State socialists. They fully expect the states that have pretty much kept their financial houses in order to bail out states like New York and Illinois.
“They have to deliver. We have federal representatives, we have senators and we have congresspeople. We pay them to pass a piece of legislation that’s going to help New York. And it’s simple, if the federal legislature is not going to help New York, you know what I say to them? ‘Don’t pass it! It can’t pass without you! Don’t pass a piece of legislation that doesn’t restore New York’s funds,’” Cuomo insisted.
Cuomo also says he promised wealthy New Yorkers that he’ll personally make sure New York City Mayor Bill de Blasio pays closer attention to the city’s rising crime rate: “We’re going to make progress helping the homeless. We’re going to clean up the graffiti. We’re going to fix crime.”
Yeah that isn’t going to happen. You had a terrific mayor of New York City in Rudy Giuliani who literally turned the city around. Then you have a megalomaniacal twerp and complete control freak who, at the very least, managed to keep things moving along. New Yorkers promptly rewarded themselves by electing Bill de Blasio, arguably, (Actually there is no argument), worst mayor in the country.
The rest of the country has had it with these socialist states and do not want to bail them out. They have enough problems of their own thanks to the stupidity of trashing our economy for no good reason. (The Chinese Virus has been played up big time by the media and the Deep Statists, but really, it’s not that bad) As far as they are concerned, let New York crash and burn.
Thatisall
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