Should Biden follow Cuomo lead on New York decay?

March 16, 2021 – NO Soundbites Allowed – New York State is flailing. That was true well before the Covid Recession, and even more since. The response has been a call for higher taxes even as 45% doubt a successful plan to reopen New York exists. Biden, seeing this, is now planning to raise US taxes. What will that mean to you?

Sources:

https://youtu.be/YIulCJFSlHM

https://youtu.be/TXKXqgqwuG0

https://www.bls.gov/news.release/empsit.t15.htm

https://news.yahoo.com/biden-planning-first-major-tax-165212122.html

https://nypost.com/2021/03/14/ny-legislature-proposes-nearly-7b-in-new-taxes-on-wealthy/

https://www.wsj.com/articles/andrew-cuomos-tax-epiphany-11549417351

https://www.investors.com/politics/editorials/cuomos-budget-rich-high-taxes/ https://apnews.com/article/508942a08b224df4b495e34b5c63bbbc

https://www.forbes.com/sites/pedrodacosta/2020/08/10/the-covid-19-crisis-has-wiped-out-nearly-half-of-black-small-businesses/?sh=15a2fade4310

https://www.cnbc.com/2020/10/22/the-dollar-remains-vulnerable-to-significant-depreciation-standard-chartered.html https://nypost.com/2020/11/29/nearly-one-third-of-ny-nj-small-businesses-closed-in-2020-report/ https://www.reuters.com/article/usa-economy-nyc/fleeing-new-yorkers-resulted-in-an-estimated-34-billion-in-lost-income-study-idUSKBN28P1Q8

https://www.bbc.com/news/business-55535324

https://scri.siena.edu/wp-content/uploads/2021/03/SNY0321-Crosstabs.pdf

About the Author

Michael Vass
Born in 1968, a political commentator for over a decade. Has traveled the U.S. and lived in Moscow and Tsblisi, A former stockbroker and 2014 Congressional candidate. Passionate about politics with emphasis on 1st and 2nd Amendments.

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