06-19-2015, 01:52 PM
(06-19-2015, 02:21 AM)Nebuchadnezzar Wrote: I'm only going to touch on the $50,000.00 exempt from flat tax and think it should be raised to $75,000.00 and should vary from city to city, state to state. A family of 4 with an annual income of $51,000.00 in New York City would be hard pressed to survive while the family of 4 living in Cincinnati making $50,000.00 per year could live like kings(just a figure of speech by the way).
But isn't that NY's problem? Why should someone who can choose to live in CIN have to subsidize someone who chooses to live in NYC? You do see that if those people leave NY, then NY would have a problem they have to address?
Federal govt really shouldn't be involved in redistributing income from state to state. State are fully capable of raising taxes to supplement federal welfare programs because of their higher COL.
