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(NYPost) Asinine NY Governor Patterson to hike income taxes to 31% for those making over $500k, hopes everyone turns a blind eye   (nypost.com) divider line 197
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Ima10urin8 [TotalFark] 2009-03-29 10:28:08 AM  
Time to move out of NY and leave it to the welfare warriors

 
Bored Horde 2009-03-29 10:31:50 AM  
Ima10urin8: Time to move out of NY and leave it to the welfare warriors

Yeah, I'm sure the trendy NYC crowd are going to move to Jersey and commute with the plebes. I'm sure of it.

 
itsdan [TotalFark] 2009-03-29 10:35:36 AM  
A tax increase OF 31%, not TO 31%. The hike results in a 8.97% tax rate. I mean cripes, you didn't even have to RTFA, you could just look at the pretty picture.

 
IronTom [TotalFark] 2009-03-29 10:42:58 AM  
itsdan: A tax increase OF 31%, not TO 31%. The hike results in a 8.97% tax rate. I mean cripes, you didn't even have to RTFA, you could just look at the pretty picture.

I suppose the Governor did not see that

 
WhoIsPurpleGoo [TotalFark] 2009-03-29 10:49:28 AM  
Bored Horde:
Yeah, I'm sure the trendy NYC crowd are going to move to Jersey and commute with the plebes. I'm sure of it.



your income is taxed on where it is earned, not where you live. there will be a lot of businesses and jobs that will leave ny because of this tax increase.

i've pretty much decided that i'm done with nyc within the next 6 months.

 
flucto [recently expired TotalFark] 2009-03-29 10:51:31 AM  
WhoIsPurpleGoo: your income is taxed on where it is earned, not where you live. there will be a lot of businesses and jobs that will leave ny because of this tax increase.

It's happened before. Stamford Connecticut boomed years ago in the same circumstance.

 
Bored Horde 2009-03-29 10:54:37 AM  
WhoIsPurpleGoo: Bored Horde:
Yeah, I'm sure the trendy NYC crowd are going to move to Jersey and commute with the plebes. I'm sure of it.


your income is taxed on where it is earned, not where you live. there will be a lot of businesses and jobs that will leave ny because of this tax increase.

i've pretty much decided that i'm done with nyc within the next 6 months.


For a ~3% reduction in income at the highest levels? I think not.

 
Ima10urin8 [TotalFark] 2009-03-29 10:57:02 AM  
Bored Horde

For a ~3% reduction in income at the highest levels? I think not.



That's what you get for thinking, its happening already.

 
Dinki [TotalFark] 2009-03-29 11:08:43 AM  
Ima10urin8: Time to move out of NY and leave it to the welfare warriors

WhoIsPurpleGoo:

i've pretty much decided that i'm done with nyc within the next 6 months.


Hey lookie there- 2 rich farkers that will be affected by this change.

/highly doubt it

 
Bored Horde 2009-03-29 11:12:02 AM  
Dinki: Ima10urin8: Time to move out of NY and leave it to the welfare warriors

WhoIsPurpleGoo:

i've pretty much decided that i'm done with nyc within the next 6 months.

Hey lookie there- 2 rich farkers that will be affected by this change.

/highly doubt it


Rich people earn the majority of their income through investments, not their payroll.

 
FlashHarry [TotalFark] 2009-03-29 11:15:50 AM  
Bored Horde: Dinki: Ima10urin8: Time to move out of NY and leave it to the welfare warriors

WhoIsPurpleGoo:

i've pretty much decided that i'm done with nyc within the next 6 months.

Hey lookie there- 2 rich farkers that will be affected by this change.

/highly doubt it

Rich people earn the majority of their income through investments, not their payroll.


this - and anyone who thinks anyone making $500k+ just fills out a 1040EZ and automatically pays his taxes is smoking crack.

 
Bored Horde 2009-03-29 11:17:18 AM  
FlashHarry: this - and anyone who thinks anyone making $500k+ just fills out a 1040EZ and automatically pays his taxes is smoking crack.

The fark are you talking about? They'll just pack up their corporate HQ, secure a new site, cancel their current lease, and move at a cost of tens (if not hundreds) of millions of dollars, just to avoid a slight decrease in pay!

 
Ima10urin8 [TotalFark] 2009-03-29 11:19:24 AM  
Bored Horde

Right because other states aren't offering tax benefits and incentives to move their business.

Stick to Canada, you dont have a clue about whats going on in NYC.


its obvious

 
Bored Horde 2009-03-29 11:26:22 AM  
Ima10urin8: Right because other states aren't offering tax benefits and incentives to move their business.

Every time a provincial tax code gets tweaked, there's always predictions of a mass exodus, just like in America. A few companies might move, but a large established city decays over decades, not overnight like you're wanking for.

 
Ima10urin8 [TotalFark] 2009-03-29 11:29:09 AM  
Bored Horde

but a large established city decays over decades


Ive lived here all my life, I think I have a pretty good idea of whats been happening here the last 30 years.

 
mikemoto [TotalFark] 2009-03-29 12:27:40 PM  
500K is barely middle class in New York.

 
Bloody William 2009-03-29 12:31:27 PM  
mikemoto: 500K is barely middle class in New York.

That is a complete farking lie.

New York is one of the most expensive cities in the country, but if you make six figures you're doing very well for yourself, pay all your bills, and even have a house within an easily commutable distance.

 
bmr68 [TotalFark] 2009-03-29 12:45:37 PM  
I was thinking of moving back to where I grew up on Long Island, but this crap is why I won't.


/Texas (for now)

 
Bloody William 2009-03-29 12:48:50 PM  
bmr68: I was thinking of moving back to where I grew up on Long Island, but this crap is why I won't.


/Texas (for now)


You know, the massive differences in real estate prices between the two locations would probably influence your cash flow a ton more than a 31% state income tax bump (to just under 9%).

 
King Something [TotalFark] 2009-03-29 12:55:00 PM  
Bloody William: mikemoto: 500K is barely middle class in New York.

That is a complete farking lie.

New York is one of the most expensive cities in the country, but if you make six figures you're doing very well for yourself, pay all your bills, and even have a house within an easily commutable distance.


I think he was talking about the city proper. Sure, upstate or in "Lawn Guy Land" you can own your own home on a 6-figure income, but in the city, you'd be living in an apartment (a decent-sized one, sure, but still not a house)

Good luck trying to buy a house or condo anywhere between 14 and 96 Streets in Manhattan on a half-million dollar income.

 
PC LOAD LETTER [TotalFark] 2009-03-29 01:00:48 PM  
mikemoto: 500K is barely middle class in New York.

Then my sister, who makes $40k, must be eating rats and discarded garbage to survive.

 
Bloody William 2009-03-29 01:05:31 PM  
King Something: Bloody William: mikemoto: 500K is barely middle class in New York.

That is a complete farking lie.

New York is one of the most expensive cities in the country, but if you make six figures you're doing very well for yourself, pay all your bills, and even have a house within an easily commutable distance.

I think he was talking about the city proper. Sure, upstate or in "Lawn Guy Land" you can own your own home on a 6-figure income, but in the city, you'd be living in an apartment (a decent-sized one, sure, but still not a house)

Good luck trying to buy a house or condo anywhere between 14 and 96 Streets in Manhattan on a half-million dollar income.


Actually, my friends make a bit less than six figures, and one lives on his own in an (albeit small) place on UES in the 70's, and one lives with his girlfriend and roommates in the 80's on UWS. Yes, they rent, and yes, buying a condo anywhere near midtown is going to be absurdly expensive.

It is much more expensive, that's true. I live in Jersey City (yeah yeah, stigma of Jersey, but I pay much less than a grand for a pretty good-sized 1BR with heat and water included, and my commute is about the same as if I lived in Brooklyn. My friend on the UES pays twice as much for an apartment about the same size.

However, calling half a million "barely middle class" in New York is just wrong. Most of the city (and the people who work there) are spread across the boroughs, Long Island, Westchester/Yonkers, Jersey City/Hoboken, and even as far as CT. They all work in the city and do just fine across a pay scale in which very few make half a million. If you get six figures and can't find an apartment on either side of Central Park in your price range, then you're pretty much failing. If you plan to own anything more than a tiny condo in Manhattan rather than (what the majority of people do) look into a larger place on Long Island or Westchester, you're pretty much a moron. Manhattan is a small island that's already packed with people.

Either way, it's more than possible to make significantly less than half a million in New York and live quite comfortably.

 
Dr.Knockboots [TotalFark] 2009-03-29 01:05:41 PM  
I don't think he sees what he's doing there.

 
Ima10urin8 [TotalFark] 2009-03-29 01:07:18 PM  
PC LOAD LETTER
mikemoto: 500K is barely middle class in New York.

Then my sister, who makes $40k, must be eating rats and discarded garbage to survive.



She might be surviving, she sure aint living on 40k a year in Manhattan

 
Bloody William 2009-03-29 01:10:26 PM  
Ima10urin8: PC LOAD LETTER
mikemoto: 500K is barely middle class in New York.

Then my sister, who makes $40k, must be eating rats and discarded garbage to survive.


She might be surviving, she sure aint living on 40k a year in Manhattan


You do realize that there are five boroughs and a pretty big suburban sprawl around Manhattan, right? And there are several mass transit systems that make commuting to Manhattan inexpensive and relatively convenient, correct?

New York isn't like an NBC sitcom. people actually live outside of Manhattan.

 
soze [TotalFark] 2009-03-29 01:13:29 PM  
Yeah, that 3-4% hike on the people who skirt most of their taxes anyway is really going to break the state's economy. You morons.

 
Ima10urin8 [TotalFark] 2009-03-29 01:14:42 PM  
Bloody William

I live here.

My point was if you live in Manhattan and work in Manhattan, on 40k you aren't living...you are surviving.

Maybe your definition of living is different than mine.

 
Bloody William 2009-03-29 01:18:12 PM  
Ima10urin8: Bloody William

I live here.

My point was if you live in Manhattan and work in Manhattan, on 40k you aren't living...you are surviving.

Maybe your definition of living is different than mine.


You live in east Long Island.

My point is if you live in Manhattan and work in Manhattan, on $40k you either have a family friend or relative in a rent-controlled place who just died, or you're an idiot and/or hipster who refuses to commute even ten minutes across the rivers.

Manhattan itself is expensive as all hell in terms of rent and real estate. However, like I said, it's quite possible to make around six figures a year (and in reality, quite a bit less, if you can be flexible) and find a decent pad on the upper east or west sides. If you don't mind J.C. or one of the boroughs, half that is definitely enough.

 
PC LOAD LETTER [TotalFark] 2009-03-29 01:22:32 PM  
Ima10urin8: PC LOAD LETTER
mikemoto: 500K is barely middle class in New York.

Then my sister, who makes $40k, must be eating rats and discarded garbage to survive.


She might be surviving, she sure aint living on 40k a year in Manhattan


Staten Island isn't Manhattan. I live in Queens.

There are, for the record, plenty of poor people in Manhattan, and not all of them live in Harlem.

 
Ima10urin8 [TotalFark] 2009-03-29 01:22:57 PM  
Bloody William

We were talking about 40k straight, not if they have rent control or relatives. 40k straight is bullshiat pay in Manhattan.


If you think living with relatives or room mates is living, we ought to agree to disagree.

I also have a place on W47th. Ive worked /lived in the city on and off the last 25 years.

 
King Something [TotalFark] 2009-03-29 01:23:42 PM  
Bloody William: Words

I understand your point - one doesn't necessarily need t be a millionaire to live comfortably in the City or suburbs. I can tell you, having grown up there on an income that'd be considered "poor" nearly everywhere in the country, that this is true. If you play your cards right, living in the City isn't nearly as expensive as the tourists and out-of-towners think (or rather, not as expensive as New Yorkers WANT the tourists and out-of towners to think so that they stay out of the City).

The point I was making, which you reinforced, is that home ownership in NYC is hella costly, especially in Manhattan.

______________________________________________

Bloody William: I live in Jersey City

www.thevancouverite.com

/the irony of this taunt being posted by someone living in Florida in not lost on me

 
Bloody William 2009-03-29 01:25:39 PM  
Ima10urin8: Bloody William

We were talking about 40k straight, not if they have rent control or relatives. 40k straight is bullshiat pay in Manhattan.


If you think living with relatives or room mates is living, we ought to agree to disagree.

I also have a place on W47th. Ive worked /lived in the city on and off the last 25 years.


Congratulations, but you're missing the big thing I'm saying:

You don't have to live in Manhattan to work here. The boroughs and suburbs are much less expensive, and make it more than possible to function (work and play) in Manhattan on $40k a year.

 
Bloody William 2009-03-29 01:29:14 PM  
King Something: The point I was making, which you reinforced, is that home ownership in NYC is hella costly, especially in Manhattan.

Of course it is. Of course, home ownership in Brooklyn and Queens is much less, and if you want to commute from Long Island or Westchester, it's also significantly more reasonable. Frankly, I wouldn't recommend anyone who wants to raise a family of any size to live in Manhattan if you have less than a farkton of money, simply because of the space available. If you want your own home, space to expand, a nice place to park your car when you come home, you have to look across the rivers. That's just how the city is.

The main point I started posting here about, the big issue of contention, was this comment:

mikemoto: 500K is barely middle class in New York.

That's a misconception/lie. It simply isn't true, under any definition.

 
PC LOAD LETTER [TotalFark] 2009-03-29 01:43:59 PM  
King Something: The point I was making, which you reinforced, is that home ownership in NYC is hella costly, especially in Manhattan.

Which is why so many people rent in Manhattan.

 
brap [TotalFark] 2009-03-29 01:51:36 PM  
Some years back, I existed in Manhattan on less than $40K. But it was in Inwood, so I would hardly call it living.

- I kid, nothing but love for Inwood.

 
Bored Horde 2009-03-29 01:51:52 PM  
PC LOAD LETTER: Which is why so many people rent in Manhattan.

Apparently it isn't "living" if you rent.

 
Bloody William 2009-03-29 01:56:08 PM  
brap: Some years back, I existed in Manhattan on less than $40K. But it was in Inwood, so I would hardly call it living.

- I kid, nothing but love for Inwood.


Inwood might be Manhattan, but it's skeevier than my 'hood in the J.C. It is cheap as shiat, though. Honestly, I was tempted to hunt up there for an apartment, but... for the room you get, the quality of the neighborhood, and the commuting distance.. just didn't seem worth the hassle of moving.

And yes, I call it the J.C. Because sometimes people just let it pass without asking what it means, so I don't have to farking say "Jersey."

... grumble grumble farking Manhattan hipsters always ragging on the "B&T" guys. WE'RE HUMANS TOO! And we work and play in Manhattan too, you shiats!

 
King Something [TotalFark] 2009-03-29 01:59:41 PM  
Off to work now.

Back in the PM in literland.

/cellphone pad

 
PC LOAD LETTER [TotalFark] 2009-03-29 02:01:46 PM  
Bloody William: brap: Some years back, I existed in Manhattan on less than $40K. But it was in Inwood, so I would hardly call it living.

- I kid, nothing but love for Inwood.

Inwood might be Manhattan, but it's skeevier than my 'hood in the J.C. It is cheap as shiat, though. Honestly, I was tempted to hunt up there for an apartment, but... for the room you get, the quality of the neighborhood, and the commuting distance.. just didn't seem worth the hassle of moving.

And yes, I call it the J.C. Because sometimes people just let it pass without asking what it means, so I don't have to farking say "Jersey."

... grumble grumble farking Manhattan hipsters always ragging on the "B&T" guys. WE'RE HUMANS TOO! And we work and play in Manhattan too, you shiats!


I grew up on Payson Ave. We moved out when the Dominican drug cartels took over the other side of Broadway. My father continued to work in Inwood until he retired (one of the non-stores on Broadway across from the Park). The area is really varied with some good areas and trendy restaurants and shops and some hellholes (good to the west, bad to the east still.) Today, you can really get some nice digs there around the 215th area next to Inwood Hill Park, for example.

But the real reason to live in Inwood is to joke that you live on or near Seaman Ave and Cummings Street.

 
Bloody William 2009-03-29 02:06:23 PM  
PC LOAD LETTER: I grew up on Payson Ave. We moved out when the Dominican drug cartels took over the other side of Broadway. My father continued to work in Inwood until he retired (one of the non-stores on Broadway across from the Park). The area is really varied with some good areas and trendy restaurants and shops and some hellholes (good to the west, bad to the east still.) Today, you can really get some nice digs there around the 215th area next to Inwood Hill Park, for example.

But the real reason to live in Inwood is to joke that you live on or near Seaman Ave and Cummings Street.


SOLD!

 
brap [TotalFark] 2009-03-29 02:27:04 PM  
PC LOAD LETTER:But the real reason to live in Inwood is to joke that you live on or near Seaman Ave and Cummings Street.

That is exactly where I lived.

 
Gwendolyn [TotalFark] 2009-03-29 02:53:32 PM  
itsdan: A tax increase OF 31%, not TO 31%. The hike results in a 8.97% tax rate. I mean cripes, you didn't even have to RTFA, you could just look at the pretty picture.

I pay 8% here in Maryland and we don't make anywhere near $500k a year.

 
Trelane [TotalFark] 2009-03-29 03:29:21 PM  
Don't forget that on top of the state tax, we in NYC also have to pay about 4% city tax.

It's really freakin' expensive to live here.

/Would never leave Manhattan though.

 
Shaggy_C 2009-03-29 03:30:30 PM  
Good, let the rich bastards on Wall Street pay for at least some of the damage they caused. Lord knows the rest of the middle class in this country is paying for their idiocy, at least New Yorkers can get a little bit of a break.

 
heinekenftw 2009-03-29 03:36:33 PM  
What, the people who have the money to pay taxes might have to pay a little bit more?

Am I suppose to feel bad for them?

Oh no, the wich wittle ceo might not afford his jaguar, aww, poor baby want a lollipop?

 
doomfistinc 2009-03-29 03:39:45 PM  
Awwwwww.... probresitos! You're only allowed to take home $345,000 dollars.
How ever will you buy that new townhouse?

 
Linux_Yes [TotalFark] 2009-03-29 03:40:46 PM  
he needs to. those farkwads have been getting freebies from their butt boy bush for 8 years while the middle/working class pays their taxes.

 
WhyteRaven74 [TotalFark] 2009-03-29 03:43:59 PM  
PoopStain: Welcome to liberal government. They need to pay people for services you don't need, donchaknow?farking idiots.

You mean, like fixing roads, paying for state run offices like the attorney general....

 
ManhattanRedneck 2009-03-29 03:45:19 PM  
Shaggy_C: Good, let the rich bastards on Wall Street pay for at least some of the damage they caused. Lord knows the rest of the middle class in this country is paying for their idiocy, at least New Yorkers can get a little bit of a break.

The rich farkers wont pay. They will simply move to Greenwich, CT where they will get an even larger house maybe move their businesses up there. So much for NY tax revenue.

 
godofusa.com 2009-03-29 03:45:23 PM  
Bored Horde: Ima10urin8: Time to move out of NY and leave it to the welfare warriors

Yeah, I'm sure the trendy NYC crowd are going to move to Jersey and commute with the plebes. I'm sure of it.


Corslime is making me want to move out of NJ.

 
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