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Thread: OT: New York State Budget Deficit $4.1 Billion - Leave New York State NOW!

  1. #1
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    OT: New York State Budget Deficit $4.1 Billion - Leave New York State NOW!

    :baghead:

    And don't jump out of the pan and into the fire that is New Jersey, either! Things are about to get pretty rough here in NY, my fellow JETS fans. Politicians from both sides of the aisle are scared-to-death here at the State Capitol. After Bloomberg is re-re-elected expect the (revised) numbers out of NYC to be bad, too.

    You may want to consider moving to VA, NC, SC, FL, or TX for at least the next 3-4 years. But, not before Sunday when the JETS trounce the Buffalo Bills - even the Bills are looking to relocate to Toronto!

    Sadly, the only route out of this government-financial nightmare is....Rudy Guiliani (R). David Paterson (D) or Andrew Cuomo (D) will NOT stop Assembly Speaker Sheldon Silver (D)!!

    [url]http://www.nytimes.com/2009/10/15/nyregion/15deficit.html?_r=1&ref=nyregion[/url]

    [B][SIZE="3"]State Comptroller Warns Albany to Cut Deficit[/SIZE][/B]

    By DANNY HAKIM
    Published: October 14, 2009

    ALBANY — Deteriorating economic factors have propelled New York State’s projected budget deficit to [B]$4.1 billion[/B], according to the state’s comptroller, who warned on Wednesday that state leaders needed to do more to address an increasingly dire situation.

    “Most New Yorkers understand they cannot spend more than they make,” the comptroller, Thomas P. DiNapoli, told reporters. “The state needs to adopt that same kind of common sense. If we stay on the current path, New York will run out of cash.”

    :baghead:

  2. #2
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    In terms of state budget deficits, that really isn't a ton. New Jersey will nearly double that this year.

    They'll close the gap easy...

    Not easy on the tax payers though.

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    LOL@ 4.1 BIL

    Cali owns you in the deficit game.:P

    California is running the wilcat of deficit accumulation in this country, and we wont be stopped.

    4.1 Bil isnt really that much of a concern for a state like NY is it?

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    Every state besides Vermont has a balanced budget in their state constitution. They have no choice than to cut 4plus billion of spending. Otherwise they need to raise taxes across the board or a combination of both.

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    [QUOTE=sdJETSetter;3311495]LOL@ 4.1 BIL

    Cali owns you in the deficit game.:P

    [B]California is running the wilcat of deficit accumulation in this country, and we wont be stopped.[/B]

    4.1 Bil isnt really that much of a concern for a state like NY is it?[/QUOTE]

    LMAO.

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    Yes, Callie-forn-ya laughs at your puny deficit. It has lady arms.

    -the Governator

  7. #7
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    Capitalism is like anything else in life; If you abuse it, it will have consequences. Anyone remember the French Revolution? This all sounds familiar...

  8. #8
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    No. [I]You[/I] leave NY...




    ;)

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    [QUOTE=WeskerLogan;3311586]Capitalism is like anything else in life; If you abuse it, it will have consequences. Anyone remember the French Revolution? This all sounds familiar...[/QUOTE]

    +1776

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    [QUOTE=sdJETSetter;3311495]LOL@ 4.1 BIL

    Cali owns you in the deficit game.:P

    California is running the wilcat of deficit accumulation in this country, and we wont be stopped.

    4.1 Bil isnt really that much of a concern for a state like NY is it?[/QUOTE]

    California has a few more people than NY, wouldn't ya say?

  11. #11
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    [QUOTE=BrooklynBound;3311635]California has a few more people than NY, wouldn't ya say?[/QUOTE]

    This is thread is just achin for a CBNY and cr723 fight!

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    [QUOTE=WeskerLogan;3311586]Capitalism is like anything else in life; If you abuse it, it will have consequences. Anyone remember the French Revolution? This all sounds familiar...[/QUOTE]

    are you reffering to Louis XVI selling titles to the wealthy which in effect made them exempt from taxes?

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    NY/NJ/CA have huge spending problems. They tax the crap out of their citizens, but it's never enough. One day, people will realize that they can take care of themselves better than government can for them.

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    [QUOTE=WeskerLogan;3311586]Capitalism is like anything else in life; If you abuse it, it will have consequences. Anyone remember the French Revolution? This all sounds familiar...[/QUOTE]

    I thought King Louie was a Monarch

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    [QUOTE=BrooklynBound;3311656]NY/NJ/CA have huge spending problems. They tax the crap out of their citizens, but it's never enough. One day, people will realize that they can take care of themselves better than government can for them.[/QUOTE]


    Or perhaps the entire country will realize that allowing the super wealthy to have low tax rates did not encourage them to spend more money it encouraged them to hoard more money.

    Thus the 1% of the population having 95% of the money (or whatever that figure is) statistic.

  16. #16
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    [QUOTE=Buster;3311827]Or perhaps the entire country will realize that allowing the super wealthy to have low tax rates did not encourage them to spend more money it encouraged them to hoard more money.

    Thus the 1% of the population having 95% of the money (or whatever that figure is) statistic.[/QUOTE]


    Not trying to be argumentative, I hear you and understand but also please just consider....

    1 percent of the country pays 70 percent of the tax. 5 percent of the countrty pays 90 percent of the tax and 60 percent of the country pay NO tax at all.

    More than 1/2 the country pay no income tax.


    Also, the fact that ALL the money is concentrated in very few is a WORLD wide stat. In ALL countries that is true and has been for hundreds of years. This is not related to income tax.

    Michael Dell, Bill Gates, Trump etc.... Al Gore, Clinton , Bush

  17. #17
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    [QUOTE=Buster;3311648]are you reffering to Louis XVI selling titles to the wealthy which in effect made them exempt from taxes?[/QUOTE]

    I think he was trying to say we should kill all the incumbents the way the French beheaded their aristocracy.

    Can I pull the lever? :D

  18. #18
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    12 years of Pataki's tax cuts for the rich have taken their toll.

    Wasn't the T-800 supposed to take care of Cal's "spending crisis."

  19. #19
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    [QUOTE=Buster;3311648]are you reffering to Louis XVI selling titles to the wealthy which in effect made them exempt from taxes?[/QUOTE]

    haha we wouldn't dare do such a thing...it turned out pretty well for the wealthy lemme tell you..the wealthy are only part of the issue...we shouldn't punish success, that's lunacy, rather it's greed that's the problem..when we start worrying more about bottom line profit than we do about human beings that's a seriously big issue. When we spend more on liquor and cigarettes than we do on education..that's a seriously big issue..the veil has been lifted..and it is not good..where is our Washington? Our Jefferson?

  20. #20
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    [QUOTE=VincenzoTestaverde;3311991]12 years of Pataki's tax cuts for the rich have taken their toll.

    [/QUOTE]

    12 years of tax cuts??? :coocoo:

    where in the state do you live??? what are your property/school tax??? and when was the last time you received a cut in them????

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