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Wednesday, January 24, 2018
Thursday, January 4, 2018
Andrew Cuomo's socialist delima
It appears that Gov. Andrew Cuomo has acknowledged that his
socialist policies may run out of “other people’s money” if the federal tax
code does not subsidize the taxpayers of New York State.
These paragraphs are from an Associated Press article dated
1/3/18:
Andrew Cuomo is correct that socialism is only possible if the state prevents productive citizens from leaving and then expropriates their property.New York state will take Washington to court to challenge the new Republican tax overhaul, Democratic Gov. Andrew Cuomo said Wednesday, calling the new law an unconstitutional assault on states' rights and New York in particular.The new tax law caps a deduction for state and local taxes at $10,000, a move that will increase federal tax liabilities for many homeowners in high-tax states like New York. Cuomo says the change could increase tax liabilities for some New Yorkers by as much as 25 percent, potentially prompting some to leave for cheaper states and making the state less competitive economically.Many of the governor's new proposals are aimed squarely at Washington, and a federal government that he says is seeking to set back progress in New York when it comes to the economy, equality, health care and the environment. Cuomo cited recent accomplishments such as a higher minimum wage, free college tuition and paid family leave as an alternative to the policies emerging on the national level.
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