New York Needs Money, Raise Taxes
by Big Dog on May 21, 2009 at 05:25 Political
New York is one of those liberal states that is broke, much like California and Maryland (though Maryland does well because of its proximity to DC). Politicians in New York have been trying to raise taxes to ease their deficit but they have done little to curb spending.
Now New York has a plan to raise 100 million dollars a year. The politicians want to add a one cent tax on each can of non diet soda. Once again the politicians are slipping a tax in on people. But Big Dog, it is only a penny and that means it is less than a quarter for a case of soda. Besides, this will get people to stop drinking sugary drinks and improve their health.
Right. The idea here is that New York needs money so it will add a tax on a product in hopes that people will use less of the product. Let’s suppose that a number of people stop drinking sugary soda, how will that help the deficit? This is like the inane argument that an increase in tobacco tax is needed to fund children’s health care and will make more smokers quit. If they quit, who will fund the children’s health care?
No society ever taxed itself into prosperity and raising taxes during an economic downturn is foolish. People will react with their feet. Those who live near other states will shop in them. I shop in Delaware for some things because there is no state tax there. It only makes sense to stop at the store when I am up there for business and get what I need because I will pay less.
New Yorkers are hosed with taxes in every aspect of their lives just as those in California are and it is obvious that this tactic does not work. Taxing soda or anything else will do nothing to help the situation and will change people’s habits with regard to shopping.
Those habit changes will be detrimental to the state’s budget.
Cut spending and cut taxes. It works every time it is tried.
Source:
Daily News
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Tags: New York, soda, sugar, taxes
This becomes a matter of taxation without representation when they slip in their stealth taxes also, and it persecutes people’s freedom to make bad choices. I do not drink soda, and I quit smoking some time back, but to target one specific group to tax is fiscal persecution.
How many millionaires have fled NYC? How many people wish they could? Both New York and California need to kill their “inner child”, grow up and learn to do with less.
The mainstream media wouldn’t do it. So we are trying to get your important messages to the American people. 28This post is a suggested read at, http://aresay.blogspot.com/