BOHICA! Tax Hikes in NYC

[w¡n9Nµ7 §£@¥€r 123]

Mayor Michael Bloomberg is going to cut the city work force by 3,000, but that's just the beginning of the pain New Yorkers will feel as part of the fiscal crisis. A slew of new taxes are also on the agenda.

...

In the current fiscal year there's the 7 percent property tax hike that starts in January -- and the plan to renege on a promised $400 property tax rebate.

"I think the people of the city are going to be enraged," City Councilman Simcha Felder, D-Brooklyn, said. "They've been told the check is in the mail on the rebate."

To close budget gaps in the year that starts next July the mayor is thinking about a combination of sales tax increases and income tax hikes.

...

The mayor proposed raising the income tax by either 7.5 percent or 15 percent.

Council Finance Chairman David Weprin, D-Queens, said he's going to hold hearings on the tax proposals.

[almaty 19]

whoa...property taxes sux...and i am sure this gives the already pissy new yorkers ,...more fodder to be upset about

[w¡n9Nµ7 §£@¥€r 123]

whoa...property taxes sux...and i am sure this gives the already pissy new yorkers ,...more fodder to be upset about

yup!

and as goes ny, so goes nj.. i am sure we are next.

[Ban Hammer 13,347]

enjoy nyc.

[HAL 9000 96]

Wow... a Republican raising taxes!!!

[AlHayatZween 2]

Mayor Michael Bloomberg is going to cut the city work force by 3,000, but that's just the beginning of the pain New Yorkers will feel as part of the fiscal crisis. A slew of new taxes are also on the agenda.

...

In the current fiscal year there's the 7 percent property tax hike that starts in January -- and the plan to renege on a promised $400 property tax rebate.

"I think the people of the city are going to be enraged," City Councilman Simcha Felder, D-Brooklyn, said. "They've been told the check is in the mail on the rebate."

To close budget gaps in the year that starts next July the mayor is thinking about a combination of sales tax increases and income tax hikes.

...

The mayor proposed raising the income tax by either 7.5 percent or 15 percent.

Council Finance Chairman David Weprin, D-Queens, said he's going to hold hearings on the tax proposals.

yes, read this this morning...

but it sure is nice that they are rebuilding Shea and Yankee stadiums, no?

[mawilson 2,133]

enjoy nyc.

NYC property taxes are relatively low compared to other places in New York State

and very low compared to New Jersey.

New York City collects revenue from other sources, including personal income tax.

[w¡n9Nµ7 §£@¥€r 123]

but it sure is nice that they are rebuilding Shea and Yankee stadiums, no?

[Eric-Pris 1,606]

First he convinced stupid voters and city politicians to lift the term limit, and now he turns around and hits those same people right between the eyes.

It's great to be a NY'er.

[w¡n9Nµ7 §£@¥€r 123]

First he convinced stupid voters and city politicians to lift the term limit, and now he turns around and hits those same people right between the eyes.

It's great to be a NY'er.

i am still in disbelief that he convinced people that term limits should be lifted just for him...

if rudy could give the mayorship to bloomie shortly after 9/11, surely today is no bigger an emergency than that was?

[Ban Hammer 13,347]

enjoy nyc.

NYC property taxes are relatively low compared to other places in New York State

and very low compared to New Jersey.

New York City collects revenue from other sources, including personal income tax.

i saw that in the op. 7.5-15%

[AlHayatZween 2]

New York City collects revenue from other sources, including personal income tax.

[Amby 490]

Megyn Kelly rolled her eyes, flared her nose, and said she's moving to Jersey

Edited November 6, 2008 by Amby

[w¡n9Nµ7 §£@¥€r 123]

Megyn Kelly rolled her eyes, flared her nose, and said she's moving to Jersey

You have to stop watching that channel

[Amby 490]

Megyn Kelly rolled her eyes, flared her nose, and said she's moving to Jersey

You have to stop watching that channel

Honestly it's the only thing that I watch and it's on all the time! I'm sure there are other Fox watchers among us! It's always been my favorite news station. Does this mean I'm a bad person?