Thursday, March 31, 2016

Tax Cut Billed as Antidote for Wage Hike

     As usual, a state budget done in secret but it will be touted as offering tax cuts to middle class couples as compensation for small business paying much higher wages.
      Today is the deadline for a spending plan as the new fiscal year begins.
       NNY residents will have to wait for the $15 as New York City workers get it first. You'd think struggling lower income families in the North Country wouldn't like that, but upstate Senators needed something they could take home to talk about at th Chamber dinner.
       $15 is becoming main stream thought and it actually may be a good deal for older workers who retailers like because they show up and are more honest and dependable.  A bunch of 60 year olds working at the White Castle.
       Rather than a phony tax cut, I would have insisted on repeal of the wage board law a the trade off, so a future Governor can't be so adroit at outfoxing the Legislature.
http://nypost.com/2016/03/31/state-lawmakers-consider-billion-dollar-tax-cut/

5 comments:

Anonymous said...

Remember when Cuomo passed his first "budget" and the media flipped out over him? Then he went back to the well within months and raised taxes by billions, but called it a tax cut?

Anonymous said...

A minimum wage increase is a tax on consumers. The elderly on fixed incomes will be devastated.

Anonymous said...

So our state government in all its wisdom is subsidizing a wage increase? A tax break isn't going to stop businesses from raising prices. That extra savings will go right into the owners' pockets. And when you cut taxes in one place, you have to raise them in another, or cut services (for the poor of course) which we know isn't going to happen. In the end, we all want higher wages, but it's the middle class ($40-$100K/yr) that foots the bill. And the rich just keep getting richer.

Anonymous said...

Please folks, quit griping. You voted for this. Last time, this time, and the next time. Good little mindless party line golfers you be. Enjoy the armpit they call Benito's Empire.

Anonymous said...

The fast food joints are already touting this great new computer screen to order your sandwich - not a human. Next step the computer actually makes the sandwich! What's next . . . slide a card in a machine to pay for it. The fast food joint has no humans. The answer to raising the minimum wage.