WHILE WE WAIT…3/9
……for Albany to stop stuffing around and for our public servants to stop kissing Wall Street’s –this is a family blog so let’s say –feet…Oh wait…maybe you didn’t know that Albany gives back to Wall street (every year) 16 BILLION in stock transfer taxes ( a penny and three quarters a transfer and up) taxes that are collected and then returned to the boys on the street….those admirable characters who brought us this shattered economy in the first place…note: since the buyer pays the tax is the rebated money returned to them or???…
…this massive tax rebate is an insane sweetener so that Wall Street won’t move to …let me see…maybe Bung Street, Alaska?… for that they get a tax rebate bribe of 16 billion?!?
Or is it just that our public servants are really serving another master? You guessed it THE STREET!
YEP, WITH JUST HALF THAT SWAG WE COULD CLOSE THE BUDGET DEFICIT IN NYS AND WITH THE OTHER HALF restore public SERVICES AND also REFORM THE KILLER PROPERTY TAX….
…..and while we’re waiting
….for the federal government to send the marshals and the auditors to Albany…or for the Senate and the Assembly to pass the Omnibus property tax relief and reform bills that are languishing there…
Let’s think again about that 16billion give back to Wall Street ….that’s 1 and ¾ pennies per transfer …and up….how does that stack up against the destruction of our parks and schools and infra structure?
How does that stack up against the loss of your home to pay your property taxes? MUCH MORE ON THIS SCANDALOUS give-away LATER….