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Reply #4: The TARP money -- all that bail-out money mostly went to New York. [View All]

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JDPriestly Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-17-09 11:56 AM
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4. The TARP money -- all that bail-out money mostly went to New York.
If you New Yorkers feel you are hurting after the infusion of all that taxpayer cash, you need to consider how it is for the rest of the country -- and revise your tax code asap so that you can capture some of the bonus money back in taxes. Those bonus recipients or most of them live in your state. You have no one to blame but yourselves if you don't get that money for the treasury.
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  -New York Budget Cuts: Schools, Hospitals, Nursing Homes, & the Environment. Where's Obama? Karmadillo  Oct-17-09 11:24 AM   #0 
  - The nation is going broke  AllentownJake   Oct-17-09 11:26 AM   #1 
  - These are local issues and where is the local leadership on this  ProgressiveProfessor   Oct-17-09 11:47 AM   #3 
     - Raising Taxes isn't necessarily the solution  AllentownJake   Oct-17-09 12:04 PM   #6 
        - Have another revenue source?  ProgressiveProfessor   Oct-17-09 01:45 PM   #19 
        - There is no other revenue source  AllentownJake   Oct-17-09 02:20 PM   #20 
        - Bloomberg could pay off NY's shortfall with his pocket change. Start there.  Hannah Bell   Oct-17-09 02:22 PM   #22 
           - Problem is  AllentownJake   Oct-17-09 02:24 PM   #23 
              - NYC revenue gap (april) = $438 M. goldman sachs bonus pool in oct = 16 BILLION.  Hannah Bell   Oct-17-09 03:02 PM   #25 
                 - Again  AllentownJake   Oct-17-09 03:29 PM   #27 
                    - goldman HQ = NY.  Hannah Bell   Oct-17-09 03:35 PM   #29 
  - But the rich in NYC are dancing on the graves of the lesser folks right now.  Walk away   Oct-17-09 11:45 AM   #2 
  - The things is  AllentownJake   Oct-17-09 02:25 PM   #24 
  - The TARP money -- all that bail-out money mostly went to New York.  JDPriestly   Oct-17-09 11:56 AM   #4 
  - It went to Wall Street it didn't go to New York  Raineyb   Oct-17-09 12:07 PM   #7 
  - Most of the companies are incorporated in other states  AllentownJake   Oct-17-09 12:09 PM   #8 
     - Thank you.  Raineyb   Oct-17-09 12:23 PM   #10 
     - New York has been being robbed for years  AllentownJake   Oct-17-09 12:31 PM   #12 
     - Incorporated elsewhere has no tax impact on NYC  ProgressiveProfessor   Oct-17-09 01:45 PM   #18 
     - Actually it does  AllentownJake   Oct-17-09 02:22 PM   #21 
        - Businesses pay taxes where they have a physical nexus  ProgressiveProfessor   Oct-17-09 03:25 PM   #26 
           - I guarentee you  AllentownJake   Oct-17-09 03:31 PM   #28 
              - so rewrite the law. duh.  Hannah Bell   Oct-17-09 03:36 PM   #30 
                 - Retroactive  AllentownJake   Oct-17-09 03:41 PM   #31 
                    - you're the only one talking "retroactive".  Hannah Bell   Oct-17-09 04:07 PM   #33 
                       - They aren't going to have the profits next year  AllentownJake   Oct-17-09 04:10 PM   #35 
                          - yes, nostradamus. i guess there's nothing to be done but eat dirt.  Hannah Bell   Oct-17-09 04:12 PM   #36 
                             - This was a legalized robbery  AllentownJake   Oct-17-09 04:19 PM   #39 
                                - so more legalized robbery = a-ok for them, then.  Hannah Bell   Oct-18-09 01:17 AM   #42 
     - The people of Wall Street spend a lot of their money in New York State.  JDPriestly   Oct-18-09 03:18 PM   #45 
  - California is sliding into poverty too  lunatica   Oct-17-09 12:01 PM   #5 
  - ummm where are the people of New York agreeing to fund these things? nt  msongs   Oct-17-09 12:12 PM   #9 
  - The Stimulus bill provided $21 billion in budget relief to NY State  HamdenRice   Oct-17-09 12:28 PM   #11 
  - Falling Tax Revnues on the Federal Level  AllentownJake   Oct-17-09 12:35 PM   #13 
  - I agree with one thing you said very much ...  HamdenRice   Oct-17-09 12:44 PM   #14 
     - It is easy to critcise New York and California  AllentownJake   Oct-17-09 12:57 PM   #15 
        - You may not be aware of what's going on in NY  HamdenRice   Oct-17-09 01:12 PM   #16 
           - Even if they were having meetings  AllentownJake   Oct-17-09 01:19 PM   #17 
  - Another round of stimulus = political suicide at this point.  girl gone mad   Oct-18-09 01:46 AM   #44 
  - Maybe they should tax their millionaires and billionaires more.  anonymous171   Oct-17-09 03:43 PM   #32 
  - apparently impossible, all their money is fake, per some.  Hannah Bell   Oct-17-09 04:07 PM   #34 
     - So the people who contribute to society need to be taxed more,  anonymous171   Oct-17-09 04:13 PM   #37 
     - I don't agree with it  AllentownJake   Oct-17-09 04:20 PM   #40 
     - Explanation  AllentownJake   Oct-17-09 04:16 PM   #38 
        - i repeat: in april nyc's shortfall was < $450 M. Bloomie's INCOME was $500 M. INCOME. Checks cut &  Hannah Bell   Oct-18-09 01:25 AM   #43 
  - To answer your question:  LWolf   Oct-17-09 05:41 PM   #41 
 

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