Active Users:1090 Time:22/11/2024 08:18:55 AM
Yeah I don't normally assume NY as a baseline Isaac Send a noteboard - 23/02/2012 06:41:37 PM
Which might be a bit silly since I've spend a lot of time in Buffalo, but I don't tend to buy much there I'd have occasion to stare at the receipt for.

Aeryn is forgetting that the NY State and City taxes allow for a high standard deduction that would offset the tax rates such that the effective rate for someone making only $15,000 would be at or near 0%. In fact, someone making only $15,000 would probably be getting an EITC to supplement that income, rather than paying tax at any level.

However, in New York state, sales tax is on EVERYTHING - clothes, food, you name it. This is why cost-conscious people often go to New Jersey, where clothes are not subject to sales tax. And it is high, so there is a tax on consumption that they have to pay.

Of course, that doesn't help the Federal government at all, it just helps the state pay for the overpaid transit workers and teachers in rubber rooms that they can't fire due to union contracts.


In any event, I am going to guess here that EITC in NY is probably compensating for a lot of that, and any state that voted for Dukakis can be safely assumed, I think, to have local taxation that is at least as progressive as the country as a whole, in terms of state averages. The point stands, conceptually anyway, I don't think anyone grossing 15k in NY pays that amount of taxes without receiving most or more back directly.
The intuitive mind is a sacred gift and the rational mind is a faithful servant. We have created a society that honors the servant and has forgotten the gift.
- Albert Einstein

King of Cairhien 20-7-2
Chancellor of the Landsraad, Archduke of Is'Mod
This message last edited by Isaac on 23/02/2012 at 06:43:43 PM
Reply to message
Why Joel is CRAZY - Nearly Half of All Americans Don't Pay Federal Income Taxes - 23/02/2012 04:43:15 AM 1486 Views
A not so hypothetical situation... - 23/02/2012 05:46:44 AM 904 Views
Your paying more money now than then. Lower rate but more money *NM* - 23/02/2012 07:52:51 AM 535 Views
Accurate statement, but not a justification *NM* - 23/02/2012 03:44:55 PM 428 Views
Re: A not so hypothetical situation... - 23/02/2012 02:39:43 PM 998 Views
I don't know much about that. - 23/02/2012 03:53:27 PM 831 Views
Why the heck do you think the current tax system is skewed to the rich? - 23/02/2012 03:18:43 PM 1043 Views
That's a fair question - 23/02/2012 03:52:08 PM 926 Views
You're operating under the same fallacy he does - that people should pay income taxes. - 23/02/2012 12:05:52 PM 1098 Views
In much the same way - 23/02/2012 01:40:58 PM 1058 Views
Same argument re: fallacies - 24/02/2012 02:52:17 PM 871 Views
Was meant as a joke reply - 02/03/2012 06:30:15 PM 1081 Views
Joel is crazy, but I highly doubt that this is "why" - 23/02/2012 01:36:37 PM 1087 Views
HA! HA! Very well played! *NM* - 23/02/2012 03:49:35 PM 379 Views
You mention this statistic all the time. - 23/02/2012 02:16:47 PM 770 Views
Obviously, we are talking about the bottom 50%..... - 23/02/2012 03:22:43 PM 814 Views
How do you account for retired folks? - 23/02/2012 04:18:59 PM 1023 Views
social security isn't taxable either *NM* - 24/02/2012 04:21:21 AM 445 Views
Easy... he doesn't. - 25/02/2012 02:56:05 AM 760 Views
I wonder how much of that statistic is students - 23/02/2012 02:22:58 PM 1032 Views
Federal taxes - 23/02/2012 04:18:22 PM 904 Views
Your figures are fairly unrealistic - 23/02/2012 04:54:44 PM 1097 Views
Not entirely. - 23/02/2012 06:30:18 PM 847 Views
Yeah I don't normally assume NY as a baseline - 23/02/2012 06:41:37 PM 940 Views
On exempting SS income: - 25/02/2012 02:30:43 AM 849 Views
Is there any reason why one should exclude the other? - 23/02/2012 07:32:09 PM 902 Views

Reply to Message