Millionaires Tax: It’s Baaaaack (Updated)

[The tax on those making $1 million or more has been re-introduced...]

Good. It’s about time. If you’re making a million bucks a year, you’re NOT the average New Yorker. There’s no reason why millionaires can’t kick in a LITTLE more taxwise. It’s called a PROGRESSIVE tax system. It’s nothing new. We’ve ALWAYS had a progressive tax system in NYS.

If you are so cheap/greedy that you want to leave NYS because of a modest tax on millionaires, then do it. Really. Stop threatening to leave and actually do it. Move to CT. As more and more NYC émigrés arrive, the infrastructure needs there WILL increase. Either taxes will rise OR services will be cut to the point that it DOES matter to you. Are you ready to attach a snowplow to the front of your Lexus and plow CT roads YOURSELF when it snows? Well, good luck! Let us know how it all works out for you.

The bottom line is this — the well-off, including New York’s millionaires, are trying to scare
the middle-class into giving up the modest gains in our standard of living that it took MANY years to acquire. A lot of electeds, including
Andrew Cuomo, are part of the problem. They’ve “sold their souls to the devil” in return for power
and/or wealth. Never ever let people hold you over a barrel. Call their bluff and let the chips fall where they may. Start with Cuomo and then we’ll move on to the big oil companies and the rest of the multinational thieves. If enough people get up off their rearends and vote, the whole damn tax code can be rewritten to restore some kind of equilibrium in the distribution of wealth in this country. EVERYTHING is reversible.

He’s actually not a “left-wing lunatic”; he’s pretty run-of-the-mill New York Democrat, a party that — on the whole — has become indistinguishable from Socialists.  Its why the state is in such bad shape and why the young people are leaving. 

History constantly repeats itself. Teddy Roosevelt was accused of being a socialist, too. That’s not bad company to be in.

Here’s an excerpt from TR’s 1910 New Nationalism Speech dealing with the establishment of a progressive income tax. There are lots of other timely thoughts in the rest of TR’s speech.

“The absence of effective State, and, especially, national, restraint
upon unfair money-getting has tended to create a small class of enormously
wealthy and economically powerful men, whose chief object is to hold and
increase their power. The prime need to is to change the conditions which
enable these men to accumulate power which it is not for the general welfare
that they should hold or exercise. We grudge no man a fortune which represents
his own power and sagacity, when exercised with entire regard to the welfare
of his fellows. Again, comrades over there, take the lesson from your own
experience. Not only did you not grudge, but you gloried in the promotion
of the great generals who gained their promotion by leading their army
to victory. So it is with us. We grudge no man a fortune in civil life
if it is honorably obtained and well used. It is not even enough that it
should have been gained without doing damage to the community. We should
permit it to be gained only so long as the gaining represents benefit to
the community. This, I know, implies a policy of a far more active governmental
interference with social and economic conditions in this country than we
have yet had, but I think we have got to face the fact that such an increase
in governmental control is now necessary.”

“No man should receive a dollar unless that dollar has been fairly earned.
Every dollar received should represent a dollar’s worth of service rendered-not
gambling in stocks, but service rendered. The really big fortune, the swollen
fortune, by the mere fact of its size, acquires qualities which differentiate
it in kind as well as in degree from what is possessed by men of relatively
small means. Therefore, I believe in a graduated income tax on big fortunes,
and in another tax which is far more easily collected and far more effective-a
graduated inheritance tax on big fortunes, properly safeguarded against
evasion, and increasing rapidly in amount with the size of the estate.”

http://teachingamericanhistory.org/library/index.asp?document=501

 Shelly and the Dems NEVER mention that there is no inflation adjustment for NYS /C tax rates.  What had been a reasonable state tax rate for working people and the upper class under George Pataki has become oppressive with inflation as even lower-income workers are now pushed into higher brackets.

Buster is an incompetent democratic party hack. The poster needs to move out of his/her parents basement and join the real world.

Buster, the resident left wing lunatic, with the usual psycho-babble every time he/she gets angry. It is really sad how pathetic you are. Carol is a woman you moron.

And you took a quote from an advertisement used by the Republican Governor’s Association this year in their Remember November Advertisement.

So whose the plagiarizer now?

http://www.youtube.com/watch?v=ABVmx24chnU

BRILLIANT FAIL by you is more like it, lol.

Anyway, do you remember that November, Buster? I know your girl Nancy Pelosi does.

Best of Luck finding a Psychiatrist and Anger Management Class.

Rza

Wow Nick you’ve really blossomed. If you can re-write this w/out the typos it’s an Op Ed.
You know how I feel about Shelly. I like Shellgame btw.
I want to re-write this with your permission and use it. I want to show that some Democrats get it. 

RZA how do you know who “Carol” is?
 Also, your read on Buster isn’t entirely accurate. I wouldn’t call her “left wing” at all. She’s a self supporting adult woman too, not some socialist 26 year old in his parents basement.I encountered plenty of them during the 2008 primary. That’s not Buster. 

Be my guest.
it’s all public domain. 

Be my guest.
it’s all public domain. 

Be my guest.
it’s all public domain. 

I don’t know many guys named, Carol, do you? Sorry that I assumed Carol is a woman.

Anyhow, Buster is a left wing lunatic. I’ve seen his/her posts, I’ve seen his/her lashing out at anyone who is not a left wing hack.

As for her being a “self supporting adult woman”, thats up in the air as she certainly does not act like an adult on here when lashing out with class war rhetoric and lunatic ramblings. She probably has some welfare hack job given to her by the democratic party. Thats about as self-supporting a job as a crackhead on welfare.

I disagree with both of you. You know who’s getting taxed out of New York State? People who have five-figure incomes. They can’t afford to live here, not the allegedly “hard working” swivel chair operators shuffling paper, banging their secretaries, buying bling for their wives to shut them up and playing the game “He Who Dies With the Most Toys Wins”. I sure don’t see any shortage of luxury cars and expensive SUVs on the Thruway…..90% of the millionaires either inherited it or stabbed someone in the back to get it. THEY caused this mess with their securitized derivative Ponzi schemes and it’s time for THEM to share the damn pain for a change! 

LOL. I like TR, too, but he clearly went off the rails after he left office.  That’s why he was NOT the GOP nominee in 1912 and why he LOST the election for president that year as a Progressive.  The population rejected his semi-socialism.  

When all those folks you want to move to Connecticut move to Connecticut and burden their infrastructure, who’s goind to finance your welfare check, Buster? 

 I EARN more than most because I went to school for longer than most and work harder than most. I already pay well over 45% fed and state tax. Why should I pay more? That isn’t fair.
Also, here is how it works. If they make me pay more taxes then I just raise my fees for my clients by the same amount. So guess what, you are going to pay my extra tax! So go ahead and raise my taxes and you’ll pay for it not me.
I already pay over 45% in taxes so I DO more than share in its support.

 you should stop thinking, you are not good at it

Like a loser such as you is qualified to give advice on anything.

Drop dead.