Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Tearsheets | Media Kit | All Access E-Edition | Home RSS
 
 
 

Tax-free campus plan sounding familiar

June 14, 2013

The more we hear, and don’t hear, about the Tax-Free NY proposal unveiled last month by Gov. Andrew Cuomo, the more it sounds like it could be called Empire Zone 2.0....

« Back to Article

 
 
sort: oldest | newest

Comments

(11)

wondering

Jun-14-13 9:47 AM

Accurate observation and we know what will happen at the end of the 10 year grace period. Just as Walmart has done in communities that have given them tax breaks to build there. They will demand further tax concessions or they will move their businesses out of state.

3 Agrees | 0 Disagrees | Report Abuse »

Buford

Jun-14-13 10:49 AM

If he want's to give a break to people why not lower gas tax NY is highest in the nation. Help everyone not just a few.

3 Agrees | 0 Disagrees | Report Abuse »

ITprober

Jun-14-13 12:16 PM

I bet you want all those nice people that work for Walmart to be unionized too, right?

2 Agrees | 2 Disagrees | Report Abuse »

wondering

Jun-14-13 2:49 PM

Well then they might actually make enough to not qualify for food stamps. No worries though prober I'm sure the Walmart heirs will still be among he richest people in the country so you can still have your heroes to worship.

2 Agrees | 0 Disagrees | Report Abuse »

AdkBuddy

Jun-14-13 3:14 PM

This governor is clueless. Period. His prior claim to fame was trashing HUD during the Clinton presidency. This tax free plan is like the cable company giving things away to attract new customers while raising rates on old ones.

1 Agrees | 0 Disagrees | Report Abuse »

bjccd5

Jun-14-13 7:37 PM

Off this topic a bit, but too bad the Casa property didn't have ANY bidders at the auction. Question: How can an owner of an epic, dynasty Mexican Eatery run the business into the ground and file bankrupracy (forcing us to pay HIS bills) and turn around a few months later to re-open a continuously failed business while still having huge debt??? How does this happen?

1 Agrees | 0 Disagrees | Report Abuse »

wondering

Jun-15-13 11:15 AM

BJ, That is a good question. Donald Trump could probably answer it since he's filed bankruptcy four times but continues to be thought of as a sharp businessman (by some anyway).

1 Agrees | 1 Disagrees | Report Abuse »

Wilford

Jun-15-13 12:51 PM

Politicians are certainly a special breed of people with more gall than any other person in any other career. Imagine being able to create your own problems and then campaign against them as though they mystically appeared through some evil force apart from the Congress, the Presidency and the Supreme Court. Imagine being so shiftless as to create the Federal Reserve by constitutionally delegating Congressional authority to a private corporation to manage the security of our nation's money. Democrats and Republicans alike are responsible for this. Imagine blaming the problems you create on lobbyists when you actually have the power to just say "NO"!

1 Agrees | 1 Disagrees | Report Abuse »

wondering

Jun-16-13 8:55 AM

“Suppose you were an idiot (scoundrel, criminal, hypocrite)and suppose you were a member of Congress. But I repeat myself” - Mark Twain

1 Agrees | 0 Disagrees | Report Abuse »

bjccd5

Jun-17-13 10:24 PM

Under what possible circumstances has Donald Trump filed bankruptcy FOUR times???? And continues to be one of wealthiest men in the world... Please explain, because I am missing something if the Morgan business scenerio can work out (LEGALLY) and continue to profit! Want the strategic plan for that one!

0 Agrees | 0 Disagrees | Report Abuse »

wondering

Jun-18-13 8:50 AM

The Donald claims he's never filed bankruptcy despite having done so 4 times. Therein may lie the key to understanding how Morgan can do what he's done. What Trump means is that he has never filed "personal" bankruptcy, it's his Trump corporations that have repeatedly failed. That is how the finance community has written the laws governing finance. If you or I file because of medical debt, job loss etc. we will lose most of what we have and be prevented from filing again for 8 years. Not so with the oligarchs who pull political strings. They've given themselves all kinds of outs for avoiding paying the cost of their failures. Case in point, the banksters who crashed our economy.

0 Agrees | 0 Disagrees | Report Abuse »

Showing 11 of 11 comments
 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 

 

I am looking for:
in:
News, Blogs & Events Web