easyt65
Diamond Member
- Aug 4, 2015
- 90,307
- 61,076
- 2,645
Cuomo blames Trump's success for the country on New York's problem - the wealthy fleeing NY's insane high tax rate.
'New York Gov. Andrew Cuomo and other public officials from blue states are blaming President Donald Trump’s tax overhaul for people moving to Texas and Florida where the tax burden is less burdensome.
Cuomo says the success of the President's Tax Overhaul, which has been so successful and has benefitted so many Americans, has caused New Yorkers to FLEE his high taxed city and that all the rich leaving NY has caused a burden on NY. '
How dare that b@st@rd Trump create such a successful economy!?
"The Democratic governor said Monday that changes to the federal tax law resulted in his state losing $2.3 billion in tax revenue. The 2017 law capping deduction for state and local taxes at $10,000 is the reason for the shortfall and immigration out of the state"
“That’s a $2.3 billion drop in revenues. That’s as serious as a heart attack. This is worse than we had anticipated,” Cuomo said. “I don’t believe raising taxes on the rich. That would be the worst thing to do. You would just expand the shortfall. God forbid if the rich leave.”
Cuomo called the Federal State Tax Cap “a diabolical political maneuver” designed to help red states".
Yup, the President set out with the intent to screw NY, not help all Americans. Busted! LOL!
Cuomo, like a lot of Liberals, are trying to blame others for the problems in their cities. The problem isn't that taxes are so low everywhere else as much as the fact that the taxes are so high in these Liberal-run over-taxed cities where they have, until now, relied on bilking the rich with high taxes to fund their liberal (/ Sanctuary City Safe Havens) 'utopias'...
...and the rich have had enough and are getting the hell out!
‘Diabolical’: Gov Cuomo Blames Trump As Citizens Flee New York For Low Tax Red States
'New York Gov. Andrew Cuomo and other public officials from blue states are blaming President Donald Trump’s tax overhaul for people moving to Texas and Florida where the tax burden is less burdensome.
Cuomo says the success of the President's Tax Overhaul, which has been so successful and has benefitted so many Americans, has caused New Yorkers to FLEE his high taxed city and that all the rich leaving NY has caused a burden on NY. '
How dare that b@st@rd Trump create such a successful economy!?
"The Democratic governor said Monday that changes to the federal tax law resulted in his state losing $2.3 billion in tax revenue. The 2017 law capping deduction for state and local taxes at $10,000 is the reason for the shortfall and immigration out of the state"
“That’s a $2.3 billion drop in revenues. That’s as serious as a heart attack. This is worse than we had anticipated,” Cuomo said. “I don’t believe raising taxes on the rich. That would be the worst thing to do. You would just expand the shortfall. God forbid if the rich leave.”
Cuomo called the Federal State Tax Cap “a diabolical political maneuver” designed to help red states".
Yup, the President set out with the intent to screw NY, not help all Americans. Busted! LOL!
Cuomo, like a lot of Liberals, are trying to blame others for the problems in their cities. The problem isn't that taxes are so low everywhere else as much as the fact that the taxes are so high in these Liberal-run over-taxed cities where they have, until now, relied on bilking the rich with high taxes to fund their liberal (/ Sanctuary City Safe Havens) 'utopias'...
...and the rich have had enough and are getting the hell out!
‘Diabolical’: Gov Cuomo Blames Trump As Citizens Flee New York For Low Tax Red States