NYC Mayor Ingenuously Proposes Taxing Rich To Fix Subway System.New York Citys mayor, Bill de Blasio, is expected to announce on Monday a tax on the wealthiest residents in the city to pay for much needed improvements for the citys deteriorating subway system, according to multiple reports.And unless youre a millionaire who thrives on the misery of the poor or whose life would be debilitated frommaybehaving one less extreme fine dining experience per month, this is good.The new tax would raise an estimated 7.The New York Times, with 5.Imagine youre a billionaire, and you pay a little extra per year to benefit someone who lives in the same city as you, a billionaire, but doesnt happen to earn a billion dollars per year.Is this a situation you could emotionally handle Or do you revel in the image of someone crying on the platform of a 7 train, somewhere out past Astoria, crying because theyre going to be late for work, again, and potentially lose their job Are you happy If youve noticed an uptick in disgruntled Facebook posts from your New York City friends, youreRead more Read.The subway system is 1.If you dont have a social media stream infiltrated by New Yorkers bellowing about the current state of the subway, and need to brush up on why de Blasios pitching this idea, heres what you need to know the system is falling apart.Theres endless delays, derailments, overcrowded stations, nightmare rides, all leading to lost wages and jobs, and its because of a significant lack of funding thats plaguing the Metropolitan Transportation Authority, which operates the subway.An additional tax on the most well off residents in the cityat the benefit of all NYC residents, thereby reinforcing some semblance of the idea that government, and government services, exist to serve the people, and in order to do that the government needs a reasonable amount of money to adequately provide those servicesmakes sense.The city is the home to 8.Times, de Blasios proposed tax would barely put a dent in their annual gross income.The planwhich requires approval by Gov.Andrew Cuomo and the state legislature, according to the New York Postcalls for raising the citys highest income tax rate by about a half a percentage point for married couples with incomes above 1 million, to 4.Individuals who earn more than 5.Officials estimated the tax would be paid by about 3.Times says.What would a jump from 3.The New York Post, which expectedly drenched the top half of their story about the proposal with language to enrage the upper class, explains The tax hike would amount to an additional 2,7.City Hall.So, even at its lowest, the individual making 5.In other words, its onemaybe twovery nice dinners per month for this person.The compromise sure seems reasonable when stacked against the resident who lives in the outer boroughs and has to cobble together 1.Blog Success The 9 000 A Month Blogging System Exercise '>Blog Success The 9 000 A Month Blogging System Exercise . How To Fill Cracks In Aggregate Driveway Colors .
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