{"id":220860,"date":"2021-04-07T01:51:01","date_gmt":"2021-04-06T22:51:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/raising-taxes-is-the-wrong-move\/"},"modified":"2021-04-07T01:51:01","modified_gmt":"2021-04-06T22:51:01","slug":"raising-taxes-is-the-wrong-move","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/raising-taxes-is-the-wrong-move\/","title":{"rendered":"#Raising taxes is the wrong move"},"content":{"rendered":"

“#Raising taxes is the wrong move<\/strong>”
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It\u2019s no coincidence that Ray McGuire and Andrew Yang both panned the hefty tax hikes coming from the $212 billion state budget deal: They\u2019re the two mayoral candidates with serious private-sector experience, unlike the rest of the pack and the state lawmakers responsible for this feeding frenzy. <\/p>\n

As word broke that the deal means about $4 billion in new taxes, aimed at higher incomes and businesses, ex-investment banker McGuire warned, \u201cWhat the state is considering will push companies and higher-income families out of the city, which will cost us tax revenue and jobs.\u201d The hikes are also unnecessary, he noted, since the feds are sending state government nearly $13 billion in no-strings \u201crelief\u201d cash. <\/p>\n

Yang also warned that raising taxes on higher earners could lead New Yorkers to \u201cvote with their feet and head to Florida.\u201d<\/p>\n

The two candidates\u2019 experience as executives leading large firms is sorely lacking in their rivals \u2014 who have mainly spent their lives far from the private sector.<\/p>\n

McGuire rightly says, \u201cWe should use our federal aid as a stimulus to jumpstart the economy and grow our way out of the COVID recession.\u201d Similarly, \u201cMath Guy\u201d Yang recently urged<\/a> Mayor Bill de Blasio to sock away 70 percent of the federal stimulus money, instead of spending it on vanity projects aimed at burnishing his legacy.<\/p>\n

But New York politicians only care about spending more on their pet causes and favored special interests.<\/p>\n

The Legislature and Gov. Andrew Cuomo are bent on their madness, but maybe city voters will take note and reject the would-be mayors bent on doubling down on such foolishness \u2014 and driving New York City back to its 1970s lows.\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Raising taxes is the wrong move” It\u2019s no coincidence that Ray McGuire and Andrew Yang both panned the hefty tax hikes coming from the $212 billion state budget deal: They\u2019re the two mayoral candidates with serious private-sector experience, unlike the rest of the pack and the state lawmakers responsible for this feeding frenzy. As word…<\/p>\n","protected":false},"author":1,"featured_media":220861,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/03\/032921andrewyang32MATT.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[100971,70430,79087,43,70786,46483],"class_list":["post-220860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-6-21","tag-andrew-cuomo","tag-andrew-yang","tag-editorial","tag-state-budget","tag-taxes"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/220860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=220860"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/220860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/220861"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=220860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=220860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=220860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}