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Well tomorrow is the big day for NYS with Dear Leader presenting the NYS Budget. As reported locally, NYS has a 1.7 Billion dollar deficit and the plan by "the man" is to have a 500 Million dollar surplus in three years. "The man" will be offering up 2 Billion dollars in tax breaks, from where I don't know. But here is an interesting tidbit of news that has been reported as well; "the man" will be offering renters in the state a subsidy to offset their rise in living expenses. This subsidy will be given to renters who earn less the 100 Thousand dollars per year, which as reported is 80 percent of the states renters. Can we all say together "I am here for you and I will purchase your vote"? Common Core Math works!!!!
 

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I always find it amazing that the state cries poverty whenever there is a demand for more funding whether that be for schools, infrastructure what have you. Then when there's something that the political elites want (like SAFE) we're suddenly awash with cash.
 

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If that tax subsidy is true, not only is it buying votes. It wills people into the renter class for life. In these hard economic times no one can afford a down payment let alone get a mortgage from a bank. The way the housing industry is going and with banks and private investors buying up millions of vacant homes to turn them into rentals. They are creating a new form of investment paper. The banks and investors are becoming your future landlord. Wall Street Unlocks Profits From Distress With Rental Revolution - Bloomberg
 

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To your point on buying votes. Cuomo has got to keep those people who make over 500k happy too. De Blasio wanted universal pre k to be paid for by a tax on the wealthiest. Cuomo is setting aside 1.5 billion over 5 years out of our state tax payer funded cash for the same purpose…

Hopefully he can spend some of the SAFE act out of existence. Remember CoBIS?
 

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"The man" will be offering up 2 Billion dollars in tax breaks, from where I don't know.
This kind of statement generally bothers me, no matter who uses it.

Tax "breaks" do not COST the central government (city, state, federal, etc) anything. There is no way that letting people keep more of their own money can be considered a cost...UNLESS the central government is already counting on those funds and already considers the money THEIRS to begin with.

Let's get things straight: OUR MONEY, earned through our physical or mental labor, is OUR PROPERTY. We, as law-abiding citizens in a civil society can be counted on to pay a reasonable amount for the upkeep of our society. However...at no time should we ever accept confiscatory taxation rates and taxation levels where the sum total of taxes (federal, state, and local) come to more than 50% of a citizen's personal income. For at that time, the citizen is truly in servitude since more of their fruits of their labor belongs to the State than to them and their families.

"Subsidies," as proposed by our Progressive POS governor are simply another redistribution of wealth aimed at buying votes (as indicated by L.T.). Nothing is free for everybody. Somebody always has to pay.

The problem with Socialists (read: Progressives), is that "...they always run out of other people's money."
- Margaret Thatcher, 1976, TV Interview for Thames TV This Week
TV Interview for Thames TV This Week | Margaret Thatcher Foundation

(This has not meant to be a rant against Liberty's Teeth. I just don't like the way the Liberal/Statist/Progressive/Socialist language, terminology, and concepts have secreted themselves into the common vernacular. The very concept that the government should be entitled to "first dibs" on our income is abhorrent and unequivocally un-American.)
 

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That's the problem though. They offer tax breaks and still spend that money like it was there (and it belonged to them).

The math in the OP is amazing.
 
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