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Ever heard a pig squeal?

January 15, 2018

Is your state looking for a few good businesses? You might find them in New York, if you can avoid importing the ones used to getting government perks.

Under the category “you can’t make this stuff up” we now have Governor Andrew Cuomo (D-NY)  thrashing about to find a way to make sure New Yorkers can write off or avoid losing deductions for New York’s high state and local taxes.

Some of the ways being proposed are to cancel New York’s income tax and transfer the revenue to New York employers in the form of  a payroll flat tax, and create charitable programs to fund public services, since charitable deductions were not removed under the new Federal tax plan.

Oh yes, and he’s going to sue the Feds to have the new tax plan declared unconstitutional. Governors of other high tax states are reported to be engaged in similar pursuits. The 9th Circuit is going to be busy.

What’s so deliciously rich about all this is that these same people are the ones squealing about the new TCJA only benefiting the rich.

Of course the real answer is to lower state spending, but then how could they keep the welfare state in place if they did that?

Maybe some more phony charities?

Unfortunately for the governor(s), in order for those charities to write off donations under the Federal statutes, they would have to receive Federal recognition as a specific type of charity. With Lois Lerner gone, that might not be all that easy.

Maybe a GoFundMe page?

At some point, ordinary people are going to have to decide not only whether liberal socialist agendas are worth it to them, but whether they are getting the services they will be paying for in the future.

If they decide that yes, having the government pay for everything is worth it, then they will also have to accept the costs when the rest of us don’t subsidize them. It’s their choice.

Wouldn’t it be funny though, if these high tax states imposed an exit tax on people and businesses leaving the state?

Oh wait.  California and New Jersey have already begun to address that issue, although technically neither state has a true exit tax, instead calling them “nonresident” taxes.

Like we said…you can’t make this stuff up.

From → op-ed

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