New York , New York

[gales0678]

Well folks it's starting to happen

Tom Golisano has left the state of NY and is heading south to the tax haven state of Florida

The lastest budget is the straw that broke this camels back ... how much longer will we have to live with these clowns up in Albany .... all they do is raise taxes and spending

with this indivdual leaving NY say bye bye to his $4mm + tax check he is going to send to Albany

We can't keep growing a budget at more than double the rate of inflation for ever - it just will have to end at some point

We keep spending more and more on education and the graduation rates keep falling - not a good investment hey?

15/20 of the highest taxed counties are in the empire state

steve and other from NY , what can we do to end this madness , these fools in Albany just keep humming along as though there is nothing but blank checks for them to fill out

[Riot]

Originally Posted by gales0678

what can we do to end this madness , these fools in Albany just keep humming along as though there is nothing but blank checks for them to fill out

Do you have ... elections?

[gales0678]

we do and we don't - patterson was not elected , it would have been very interesting to see if spitzer cut anything rather than just raise taxes and spend more

[Cannon Shell]

NY keeps voting in liberals, they deserve what they get. The rest of the country will soon find out how hard working NY'ers feel

[gales0678]

Originally Posted by Cannon Shell

NY keeps voting in liberals, they deserve what they get. The rest of the country will soon find out how hard working NY'ers feel

it can't go on forever chuck, at some point the state will run out of $

the unions will have to make givebacks, i work in midtown and the jobs that have been lost are not coming back , they are gone forever, revenue from wall st firms which helped to drive the budget to record levels are no longer coming in

how are things upstate , it must be tough up there

[SniperSB23]

Originally Posted by gales0678

how are things upstate , it must be tough up there

Upstate never bubbled like most of the rest of the country so to most it is the same as it was before with just a few more unemployed. The Bills will sell out every game in a recession while the Jags will be lucky to sell out a single home game.

[pointman]

Originally Posted by Riot

Do you have ... elections?

We do, but in a way Gales is right, we don't. The Democrats have been in control and are making an absolute mess here that is mind boggling. With people struggling to get by their answer to our problems is to tax everyone more here, particularly the rich, increase tolls and transit costs on people who can afford to spend more. Instead of reducing spending and cutting waste in a recession, these morons increase taxes and increase spending and continue to spend on utter waste. Our Governor just may be the dumbest most unqualified Governor in the history of this country and has made wrong move after wrong move since being sworn in.

I am not surprised at what Golisano is doing, nor can I blame him and in the long run these idiots in Albany are going to shoot themselves in the foot and ultimately take in less tax revenue than they did prior to the tax increases. Those who have worked really hard to be successful are going to flee New York and are going to live in places where politicians can keep spending and taxing at reasonable levels, elminate waste and appreciate the large amounts of tax money the wealthy already contribute to government without trying to insult them by penalizing them for working hard to make a lot of money.

Gales is right, the real big problem right now is that Wall Street will no longer be a large source of revenue for New York as electronic advances have made the floor itself obsolete eliminating the need for people to be here in New York to play the market. The only possible silver lining is that the Democrats are destroying this state so badly that they may hand a landslide victory to a struggling Republican party who will have the golden opportunity to try to reverse New York's problems by cutting taxes and spending.

[gales0678]

how spending can just go on and on in these times is outrageous , but the unions control a lot of votes in Albany and they are going to put people in power who will give them what they want

i don't agree with everything golisano does , but , in this case how is he not right , at some point you just can't keep raising taxes on top income earners , it just isn't sustainable, wall st sent a lot of tax $ to albany every year and a lot of the firms have gone busto - the spending spree cannot go on forever - don't for get the $ from the feds this year won't be here 2-3 years from now , where is albany going to make up the loss of these funds - it's simple it's going to come from middle class workers across the state through higher property taxes , school taxes and income taxes unless of course the cut spending , which is highly unlikely

[SniperSB23]

Originally Posted by gales0678

how spending can just go on and on in these times is outrageous , but the unions control a lot of votes in Albany and they are going to put people in power who will give them what they want

i don't agree with everything golisano does , but , in this case how is he not right , at some point you just can't keep raising taxes on top income earners , it just isn't sustainable, wall st sent a lot of tax $ to albany every year and a lot of the firms have gone busto - the spending spree cannot go on forever - don't for get the $ from the feds this year won't be here 2-3 years from now , where is albany going to make up the loss of these funds - it's simple it's going to come from middle class workers across the state through higher property taxes , school taxes and income taxes unless of course the cut spending , which is highly unlikely

I don't like Patterson but the one thing he is trying to do is curb spending. The problem is the political system is so corrupt here that it is hard for him to do.

The federal money isn't a problem. New York has had a policy that we serve every customer who comes through our doors at the One Stop Centers around the state. Then the customers with the most need are given advanced training services with the normal money we get from the feds for the WIA program. All that the additional stimulus money is being used for is to be able to offer training for a much larger percentage of the customer base and to fund a summer youth employment program. Once the stimulus money is gone we will revert to how it was before.

For the stimulus money provided for UI, the state just extended unemployment benefits to 72 weeks. Once the stimulus money is gone the number of benefit weeks will be reduced. So no problem once that money is gone.

Contrary to popular belief the states can't simply take the stimulus money and use it to fund existing programs in place of normal funds. It has to be used for an expansion of service which will simply be contracted when the stimulus money runs out.

[gales0678]

Originally Posted by SniperSB23

I don't like Patterson but the one thing he is trying to do is curb spending. The problem is the political system is so corrupt here that it is hard for him to do.

The federal money isn't a problem. New York has had a policy that we serve every customer who comes through our doors at the One Stop Centers around the state. Then the customers with the most need are given advanced training services with the normal money we get from the feds for the WIA program. All that the additional stimulus money is being used for is to be able to offer training for a much larger percentage of the customer base and to fund a summer youth employment program. Once the stimulus money is gone we will revert to how it was before.

For the stimulus money provided for UI, the state just extended unemployment benefits to 72 weeks. Once the stimulus money is gone the number of benefit weeks will be reduced. So no problem once that money is gone.

Contrary to popular belief the states can't simply take the stimulus money and use it to fund existing programs in place of normal funds. It has to be used for an expansion of service which will simply be contracted when the stimulus money runs out.

that is laughable , you and i know something will pass to keep these services in place

we are one of the highest taxed states in the union and voters like us should demand that we get a budget on time and not one cooked up behind closed doors , albany is broken and needs fixen - where is all the lost wall st $$$ going to come from scott ??? there has to be cuts soon or taxes will go up so much we will keep losing more people every day