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Posts: 152

gov. cuomo standing up for the 1% -- (link)

Posted by poxie (aka chris) Oct 19 '11, 14:01

(No message)

courage (www.nytimes.com)

Responses:

Comparing his stand against raising taxes to his dads stand against the Death Penalty - amoxy Oct 19, 14:05
[deleted] 24
- the myth of tax flight -- (link) - poxie Oct 19, 14:28 1
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- This is why despite the distatefulness of it, I'm in favor of significantly lowering corporate tax rates. - pmb Oct 19, 14:17 9
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    - I think lowering it to 15% or so is probably right. - pmb Oct 19, 14:26 7
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        In the 60 Minutes piece it went to towns in Switzerland and Ireland where major US companies are "organized" to avoid US taxes. - pmb Oct 19, 14:32 5
        
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        Probably not, but I think we're cutting off our nose to spite our face on this one. - pmb Oct 19, 14:36 3
        
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        Agreed. But when you see GE paying $0 in federal income taxes, this is a big reason why. I suspect that we're leaving a huge amount on the table. - pmb Oct 19, 14:49
        
        except, it's not 35% of nothing. -- nm - znufrii Oct 19, 14:38
- maybe, maybe not. make it a city earners tax, but with a clause so only those making $x and over get taxed. - tRuMaN Oct 19, 14:06 11
  - Until the business moves over to the other side of the Hudson river -- nm - Bloger Blore Oct 19, 14:08 9
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      - It was the financial sector I was thinking of. I know the UK is paranoid about losing its financial services sector due to tax increases on high - Bloger Blore Oct 19, 14:16
      - on the other hand, there is a major investment bank who will shortly be ending their 15-year stay in Stamford to return to Manhattan... - znufrii Oct 19, 14:14 6
        
        but reading your post more closely, you actually do make that distinction... -- nm - znufrii Oct 19, 14:15 1
        
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        and apparently, they're staying put after all... -- (link) - znufrii Oct 19, 14:17 2
        
        [deleted] 1
        
        partially, it looks like... - znufrii Oct 19, 14:20
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