The possibility of permanent decline and the ultimate destruction of the New York we know is unmatched in modern memory.
With Republicans reduced to hecklers, Albany Democrats, oblivious or reckless or both, are marching toward the cliff in an Alfred E.Neuman, “What, me worry?” way.The rising chorus of “Stop!” goes unheeded.
Washington is sending trainloads of money to blue states to bail out their high-tax, high-spend habits.As longtime government guru Dick Ravitch writes in a Wall Street Journal op-ed , “Congress has been generous, allocating more than $12 billion to New York state, $6 billion to the city, $6 billion to the Metropolitan Transportation Authority, and $9 billion to the state’s schools.” Trash is piled up at the corner of St.Nicholas Avenue and Greene Avenue.James Keivom
The state’s take raises the total budget about to be adopted to $212 billion, some $18 billion higher than the fiscal year that just ended.Florida, which has 2 million more people, will make do with spending $97 billion this year.
Ah, but in Albany, it’s never enough.
Not as long as the Legislature is in session.
see also Gov.Cuomo, Albany leaders reach deal on $212B budget with $4B in tax hikes Gov.Andrew Cuomo and Albany legislative leaders on Tuesday announced…
Despite the bailout, and the December pandemic stimulus, and the ones before that, Gov.Andrew Cuomo and lawmakers are launching $4 billion of new tax hikes.
Apparently being the highest-taxed state by most measurements doesn’t satisfy them.They want to be No.1 across the board.
Naturally, they say only corporations and the really rich will be hit, but don’t believe them.Tax hikes trickle down in that they tend to reduce the economic activity of those who pay them, a decline that eventually hits everyone.
Having the government redistribute more taxpayer money is, at this historic juncture, a terrible idea.
Tax hikes will kill more businesses and cause others to look for more hospitable turf.Wags already have dubbed Cuomo and Mayor Bill de Blasio the “employees of the month — in Florida.”
Besides, even if it were true that only the rich will get hit, raising taxes sends the wrong message in a state where so many people and businesses already have left or are thinking about it.
Potholes at the entrance to the FDR Drive on East 62nd Street.Chad Rachman
What business would want to come here now? Why should existing ones continue to pay more and more for dangerous and dirty streets and arbitrary pandemic shutdowns?
The answer for many is no, no, hell no, and they have given up on New York.The proof is in the sagging real estate market and the empty storefronts in even the best locations.
Not all of those leaving are rich, but they’re all afraid, and not just of the inevitable cost-of-living increases that follow as the taxes ripple through housing, services, transportation and every bottle of beer and bag of potato chips sold.
Many are also understandably afraid of crime and public disorder.
A snapshot of NYPD stats over two years paints an unmistakable picture of a city in serious decline..