Elliott Spitzer is our new governor in NY, and he has already eliminated the Star exemption (tax credit for homeowners) for anyone who makes 70K or more. He wants to improve the economy in upstate cities, but he's INCREASING taxes for the very people cities need to invest and spend money. Is he an idiot or does he simply want to increase the number of voters for the Democratic party?
Someone please explain how taxing people over 70K helps the economy? Aren't they going to spend less? Move? We are not talking about rich people, but we are talking about hard working people who are likely to vote Republican.
My property taxes already increased. It took 3 months. This is a man who claims to care about the poor. Really? By driving out the money? By giving State unions raises? What a crock. It's all about power. The poor will suffer the most!
2007-10-23
02:18:09
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13 answers
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asked by
Stereotypemebecauseyouknow
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in
Politics & Government
➔ Elections
Slykitty: Who said I support the spending of George Bush?
2007-10-23
03:00:02 ·
update #1
Elana: The government spends more on Education and programs than ever before. Don't believe the lies about "cuts". They don't cut anything. They might cut the amount of the increase from year to year.
2007-10-23
03:02:17 ·
update #2
Doesn't anyone find it curious that a man who has MILLIONS thinks someone who makes 70K is RICH???
2007-10-23
03:11:37 ·
update #3
Take a look at Cleveland OH.
Tax,tax,tax and tax again.
Business,industry and people moving out.
Tha tax base is gone,so they raise taxes again to make up the short fall,driving more tax payers away.
Liberal democrates run the town and the county and have for years.
Even a jackass will move if you kick him enough.
2007-10-23 02:45:29
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answer #1
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answered by Anonymous
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They want more taxes so the government gets more money to "fix" problems.
To answer your question, taxing people making over 70k a year hurts the economy, but it does help the very poorest people. It will probably hurt the majority of poor people as well though, as many small businesses are treated as individuals for tax purposes. This tax would also affect small businesses, who would cut jobs, hurting the poor who really need the jobs. Only the very poorest (who aren't working) would be helped if the government used the tax money for social programs.
A fundamental arguement between Conservative vs Liberal is the role of the government.
Conservatives want a small government that focuses primarily on ensuring the safety and security of the people, allowing them to live and prosper and overcome problems in society.
Liberals want an active government that focuses on fixing the country and helping the poor.
2007-10-23 02:20:12
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answer #2
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answered by HokiePaul 6
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The debate is simple: Liberals believe that people should put more money into the government so that it can provide services which help everybody and in turn helps the economy.
Conservatives believe that people will do the right thing if they hold onto their own money and that by-and-large, government services are inefficient and that if we needed them, we'd produce private solutions.
Clearly neither is completely correct.
However, we've been hearing "more taxes are bad" pretty loudly since Reagan, and since then the government programs have been crippled due to lack of money. We see this in the form of funds for education, welfare, research and state functions being cut back or crippled to keep taxes low.
Liberals believe that those who have a lot of money should be contributing more to these services. Yes, that means they are contributing an unequal share, but they are already getting an unequal share OUT of the economy.
That is, if you more heavily tax the rich, you help keep the disparity between rich and poor down. Clearly there are limits - when the rich start coming up with ways of avoiding paying taxes, when the rich start using their money to advertise to try to convince people that all taxes are bad or that large government is equivalent to immorality, or when they simply stop putting money back into society.
And clearly there are places where the government has shown itself to be horrendously inefficient (the post office vs. other delivery services). However, there are places where elsewhere it has shown itself to be far more efficient. For instance, Medicaid operates far more efficiently (dollars spent on services vs. dollars spent on bureacracy) than private insurance.
In any case, of the industrialized nations, the US has almost the lowest rate of taxation at higher income levels and suffers with the poorest testing scores in reading, math and science. Our violent crime rates are higher, and our population is generally unhealthier. Yes, our richest citizens can get the best health care on the planet, but to the exclusion of our poorest.
You get what you pay for.
Spitzer believes that your 70k household can afford to put more into the system. That is, he believes that your 70k household is at least somewhat wealthy to the income of the people he is trying to fund/protect.
Not knowing the specifics of New York, I am in a lousy position to agree or disagree.
2007-10-23 02:22:55
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answer #3
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answered by Elana 7
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More money and services for the poor buys votes. big business gets hit hardest by taxes and that has led to many companies moving outside the US. Which costs us both tax incomes and jobs. One of the most recent companies is Haliburton.
Unions are pro Dems. That is why they got the raises.
I believe the Dems want to be Socialist. They want to do all this stuff but with others money.
2007-10-23 05:00:24
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answer #4
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answered by Rick K 2
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You're complaining about liberals increasing taxes? What's the difference between raising taxes to balance the budget and cutting taxes and running up record national deficits? SEVENTY percent of the national debt has been incurred under Republican presidents while a democrat has reduced that debt. It's also disingenuous to complain about taking from the rich to punish the poor when the war in Iraq has cost you $445 billion. I think I would like to have my part of that money back.
2007-10-23 02:28:47
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answer #5
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answered by CSW 3
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When will the voters learn that career politicians don't care about them? They need money to create work so they can keep their jobs.
With this latest trick Mr. Spitzer is trying to pull - giving driver's licenses to illegal immigrants - I will be dumbfounded if New York State doesn't go Republican.
2007-10-23 02:24:44
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answer #6
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answered by TheHumbleOne 7
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It is called 'The Ability to Pay' collecting it from the rich or from those to whom it would not make a big difference and redistribute it into welfare programs. . . . .to people who did not make the grade or who are here illegally or those who went off the deep end and are unemployable. Thanks to Liberals who are creating welfare states.
2007-10-23 02:30:16
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answer #7
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answered by Anonymous
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more taxes mean the government has more money to fix the problems.
the private sector can not fix problems as it were
someone earning very little $$$ as a janitor has a no less important job then a big time lawyer earning mega dollars.
then why do they deserve lesser quality healthcare and their children lesser quality schooling?
2007-10-23 02:21:37
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answer #8
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answered by Euro 3
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Why exactly do you not see the spending that has been going on under Republican GW Bush?
2007-10-23 02:21:49
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answer #9
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answered by slykitty62 7
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simple as they need more money to build a larger government. Plus, don't forget "their" part...
2007-10-23 04:12:32
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answer #10
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answered by J 1 5
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