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Posted on 2/17/26 at 1:03 pm to thetempleowl
quote:
You want to tax the successful among the state to address the fiscal imbalance caused by years of fiscal mismanagement.
Mamdani would be wise to tap them for advice, not taxes
Posted on 2/17/26 at 1:11 pm to tigafan4life
quote:
5.4 BILLION?????? That is how much more he needs for ONE YEAR???
That's only $650 per resident per year across the 8.3 million living in the city limits.
ETA- the budget isn't 5.4 billion, that's the budget GAP!
Let me look up the entire budget number....
This post was edited on 2/17/26 at 1:13 pm
Posted on 2/17/26 at 1:15 pm to deeprig9
LOL it's 116 Billion dollars!
$14,000 per resident per year.
$14,000 per resident per year.
This post was edited on 2/17/26 at 1:17 pm
Posted on 2/17/26 at 1:19 pm to RLDSC FAN
3rd option is cut cost like every American family would have to do.
Posted on 2/17/26 at 1:22 pm to RLDSC FAN
Posted on 2/17/26 at 1:22 pm to deeprig9
Compared to where I live, also Democrat run for decades, instead of $14,000 per resident, it's only $2580.
This is dividing the county's total budget by the estimated number of residents.
We have plenty of cops, fire stations, road construction, schools, parks, etc.
I understand that a cop salary in NYC is naturally going to be higher than in Gwinnett Co GA, but damn, really 6x more?
This is dividing the county's total budget by the estimated number of residents.
We have plenty of cops, fire stations, road construction, schools, parks, etc.
I understand that a cop salary in NYC is naturally going to be higher than in Gwinnett Co GA, but damn, really 6x more?
Posted on 2/17/26 at 1:41 pm to deeprig9
quote:
I understand that a cop salary in NYC is naturally going to be higher than in Gwinnett Co GA, but damn, really 6x more?
Yes. Dealing will a large population of criminals closed into basically a prison in regards to space.
Posted on 2/17/26 at 2:47 pm to RLDSC FAN
quote:
Today, I’m releasing the City’s preliminary budget. After years of fiscal mismanagement, we’re staring at a $5.4 billion budget gap — and two paths.
One: Albany can raise taxes on the ultra-wealthy and the most profitable corporations and address the fiscal imbalance between our city and state.
The other, a last resort: balance the budget on the backs of working people using the only tools at the City's disposal.
The first path matches a structural crisis with a sustainable and fair solution. I know where I stand.
Digging their own grave. It's amazing to watch it happen. All these morons have to do is look at what Sacramento did to frick us over by attacking the "ultra wealthy and the most profitable corporations". But nah, it'll be different this time.
Posted on 2/17/26 at 2:52 pm to Sid E Walker
quote:
They voted for it
Indeed.
quote:
hope they enjoy it
They won't. But they'll blame us for their failures.
Posted on 2/17/26 at 2:55 pm to RLDSC FAN
If Landry was a smart man, which he isn’t, I’m calling corporate HQs and saying relocate to LA, and you must have at least 45% workforce in said HQ from Louisiana citizens.10-15 year no or little tax rates.
Posted on 2/17/26 at 3:00 pm to deeprig9
quote:
LOL it's 116 Billion dollars!
$14,000 per resident per year.
It's better than the new proposed budget - 127 BILLION!
Zohran Mamdani unveils record $127B budget — fueled by proposed NYC property tax hike
And for an example of how taxing won't necessarily solve their shortfalls:
quote:
“I do not want to raise property taxes,” Mamdani said of his preliminary budget plan, which would hike property taxes 9.5% to raise an additional $3.7 billion in the next fiscal year.
Well that would cover 3.7 out of 11 BILLION in additional spending . . .
Posted on 2/17/26 at 3:13 pm to Uncommon Idea
quote:
“I do not want to raise property taxes,” Mamdani said of his preliminary budget plan, which would hike property taxes 9.5% to raise an additional $3.7 billion in the next fiscal year.
Damn
Posted on 2/17/26 at 3:21 pm to RLDSC FAN
quote:
The other, a last resort: balance the budget on the backs of working people using the only tools at the City's disposal.
He's hiding his plan in plain sight. The first 2 options are not happening and he knows it.
Posted on 2/17/26 at 3:23 pm to Uncommon Idea
9.5% added Tax to all property owners?!
Posted on 2/17/26 at 3:23 pm to RLDSC FAN
Mamdani is raiding the one time funds and raising taxes. His finances are the worst parts of Jindal's and JBE's budgets combined. NYC is so screwed.
Posted on 2/17/26 at 3:34 pm to WhiskeyThrottle
quote:
Texas is full. Better move to Florida.
Nope. We're full, too. COVID refugees from northeast are ruining FL faster than ever thought possible. Royal assholes that can't drive.
ETA... Move Wall Street to another state and NYC collapse totally in less than 5 years. Would truly be like the movie.
This post was edited on 2/17/26 at 3:37 pm
Posted on 2/17/26 at 3:54 pm to djsdawg
quote:
9.5% added Tax to all property owners?!
That's what the article says . . . and it's just to fund 3.7 billion of the 11 billion added to the 2027 budget.
And who knows what happens if the bonuses don't come in 24% higher like this year - that helped reduce the current budget shortfall from 12 billion to 5.4 billion short.
Oh yeah, if you didn't read all the way to the end of the story I linked:
quote:
Mamdani had put the deficit at $12 billion just three weeks ago, before the administration counted massive tax revenues, mostly from Wall Street bonuses, which came in 24% higher than last year.
He revealed last week that his budget office winnowed the gap down to $7 billion. Then on Tuesday morning, he said in a post on X, the gap was now down to $5.4 billion.
It's almost like they're fiscally incompetent:
Posted on 2/17/26 at 4:00 pm to NIH
quote:
Wealthy is a moving target. I suspect within my lifetime that cretins like Mamdanis, VOR, Decatur, tboy, and cubbies will be calling two cars, a house, and retirement accounts “wealthy”.
We are already there.
Posted on 2/17/26 at 4:02 pm to djsdawg
quote:
9.5% added Tax to all property owners?!
To which they will then hit the roof when property owners attempt to raise rent on their tenants to make up for the 10ish% increase.
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