New York City Mayor Michael Bloomberg says Gov. David Paterson is asking the city to take on an unfair share of budget pain in tough fiscal times.
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Bloomberg says city officials had the good sense to anticipate the recession and trim the budget in advance, and now Paterson’s proposal would penalize the state’s economic engine.
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Bloomberg says he understands that local governments will be hit by budget cuts.
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But he says New York City is getting it the worst in Paterson’s proposal, which would exclude the city from getting state aid for local governments.
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The mayor also asked lawmakers to allow municipalities decide how to spend any money they receive through a federal stimulus because local officials will best know how to spend it.
(Source: 1010WINS)
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To #1
Before you go on writing that NYC pays the lowest in real estate taxes & therefore suggesting that we shall pay at least what suburbanites are paying, it would be a good idea for you to examine & look on the full picture and getting ALL facts straight.
NYC residents pay city income taxes of up to 4%, while all you suburbanites do NOT pay any city income taxes. That’s an additional $2,000 in taxes on someone earning only $50,000 (low income by our heimishe family standards) & $4,000 on someone earning $100,000. In addition, we NYC residents are also blessed by paying the highest sales tax, gas tax, cigarette tax, & other user fees than any other region in the state. Not to mention the high fines & tickets that we have to pay which should not make you suburbanites so jealous of us.
The real fact is that NYC residents pay the highest amount in taxes & fees than residents in any other city in the ENTIRE USA!